WidePoint’s (WYY) “Buy” Rating Reiterated at Dawson James

Dawson James reiterated their buy rating on shares of WidePoint (NYSEAMERICAN:WYY) in a research report released on Monday. Dawson James also issued estimates for WidePoint’s Q4 2018 earnings at $0.00 EPS, FY2018 earnings at ($0.01) EPS, Q1 2019 earnings at $0.00 EPS, Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.00 EPS, Q4 2019 earnings at $0.00 EPS, FY2019 earnings at $0.00 EPS, Q1 2020 earnings at $0.00 EPS, Q2 2020 earnings at $0.00 EPS, Q3 2020 earnings at $0.00 EPS and FY2020 earnings at $0.00 EPS.

Separately, B. Riley reissued a buy rating on shares of WidePoint in a research note on Monday, November 12th.

WYY stock opened at $0.47 on Monday. WidePoint has a 52 week low of $0.40 and a 52 week high of $0.73.

In other news, Director Morton S. Taubman sold 106,383 shares of the stock in a transaction on Friday, November 30th. The shares were sold at an average price of $0.47, for a total value of $50,000.01. The sale was disclosed in a filing with the SEC, which is available at this link.

A hedge fund recently raised its stake in WidePoint stock. First Wilshire Securities Management Inc. increased its stake in WidePoint Co. (NYSEAMERICAN:WYY) by 16.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 944,358 shares of the technology company’s stock after buying an additional 132,787 shares during the period. First Wilshire Securities Management Inc. owned 1.14% of WidePoint worth $519,000 as of its most recent SEC filing.

About WidePoint

WidePoint Corporation provides trusted mobility management (TM2) solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management solutions to corporations, governments, and not-for-profit organizations that provide visibility of telecom assets enabling clients to secure and manage the telecom assets; and telecom bill presentment analytical solutions, including bill presentment, subscriber data intelligence, and hosted voice analytics to communications service providers.

See Also: Risk Tolerance

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