WidePoint Corporation (WYY) Given Consensus Recommendation of “Strong Buy” by Analysts

Shares of WidePoint Corporation (NASDAQ:WYY) have earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Analysts have set a 1-year consensus price objective of $1.00 for the company, according to Zacks. Zacks has also assigned WidePoint an industry rank of 39 out of 256 based on the ratings given to its competitors.

Shares of NASDAQ WYY opened at $0.50 on Friday. WidePoint has a fifty-two week low of $0.38 and a fifty-two week high of $0.63.

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.

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