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WidePoint (WYY) Surges: Stock Moves 6% Higher
WidePoint Corporation (WYY - Free Report) was a big mover last session, as the company saw its shares rise 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $0.59–$0.84 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
WidePoint currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
WidePoint Corporation Price
WidePoint Corporation price | WidePoint Corporation Quote
A better-ranked stock in the Computer and Technology sector is Turtle Beach Corporation (HEAR - Free Report) , holding a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
5 Stocks to Soar Past the Pandemic: In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.
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