Widepoint Corp’s filing revealed that its COO Dzyak Todd unloaded Company’s shares for reported $3600.0 on Oct 01 ’24. In the deal valued at $3.60 per share,1,000 shares were sold. As a result of this transaction, Dzyak Todd now holds 164,116 shares worth roughly $0.61 million.
Then, Dzyak Todd sold 1,000 shares, generating $3,400 in total proceeds. Upon selling the shares at $3.40, the COO now owns 165,116 shares.
Before that, Garfinkle Philip N bought 1,000 shares. Widepoint Corp shares valued at $3,297 were divested by the Director at a price of $3.30 per share. As a result of the transaction, Garfinkle Philip N now holds 156,631 shares, worth roughly $0.58 million.
Craig Hallum downgraded its Widepoint Corp [WYY] rating to a Hold from a a Buy in a research note published recently.
Price Performance Review of WYY
On Tuesday, Widepoint Corp [AMEX:WYY] saw its stock jump 3.62% to $3.72. Over the last five days, the stock has gained 3.05%. Widepoint Corp shares have risen nearly 60.34% since the year began. Nevertheless, the stocks have risen 120.12% over the past one year. While a 52-week high of $4.55 was reached on 07/01/24, a 52-week low of $1.61 was recorded on 04/30/24. SMA at 50 days reached $3.54, while 200 days put it at $3.06.
Levels Of Support And Resistance For WYY Stock
The 24-hour chart illustrates a support level at 3.53, which if violated will result in even more drops to 3.35. On the upside, there is a resistance level at 3.83. A further resistance level may holdings at 3.94. The Relative Strength Index (RSI) on the 14-day chart is 55.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.77%. Stochastics %K at 33.33% indicates the stock is a holding.
How much short interest is there in Widepoint Corp?
A steep rise in short interest was recorded in Widepoint Corp stocks on 2024-09-30, dropping by 6747.0 shares to a total of 40096.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 46843.0 shares. There was a decline of -16.83%, which implies that there is a negative sentiment for the stock.
