Widepoint C Stock Today

WYY Stock  USD 4.73  0.32  6.34%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 12

 
High
 
Low
Low
Widepoint is trading at 4.73 as of the 21st of November 2024; that is 6.34 percent decrease since the beginning of the trading day. The stock's open price was 5.05. Widepoint has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Widepoint C are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
19th of May 1998
Category
Technology
Classification
Information Technology
WidePoint Corporation provides technology management as a service to the government and business enterprises in North America and Europe. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia. Widepoint Corp operates under Information Technology Services classification in the United States and is traded on AMEX Exchange. The company has 9.65 M outstanding shares of which 50.82 K shares are at this time shorted by investors with about 0.49 days to cover. More on Widepoint C

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Widepoint Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJin Kang
Thematic IdeaComputers (View all Themes)
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, Computers, Information Technology, IT Services, Information Technology Services, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.142.0668
Way Down
Slightly volatile
Gross Profit Margin0.140.1476
Notably Down
Slightly volatile
Total Current Liabilities33 M31.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.8 M5.2 M
Way Down
Slightly volatile
Total Assets36.7 M51.3 M
Way Down
Slightly volatile
Total Current Assets18.8 M32.8 M
Way Down
Slightly volatile
Debt Levels
Widepoint can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Widepoint's financial leverage. It provides some insight into what part of Widepoint's total assets is financed by creditors.
Liquidity
Widepoint C has 4.75 M in debt with debt to equity (D/E) ratio of 0.21, which may show that the company is not taking advantage of profits from borrowing. Widepoint C has a current ratio of 1.1, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Widepoint to invest in growth at high rates of return.

Total Cash From Financing Activities

(560,644)
Widepoint C (WYY) is traded on NYSE MKT Exchange in USA. It is located in South Tower, Fairfax, VA, United States, 22030 and employs 206 people. Widepoint is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 38.9 M. Widepoint C runs under IT Services sector within Information Technology industry. The entity has 9.65 M outstanding shares of which 50.82 K shares are at this time shorted by investors with about 0.49 days to cover. Widepoint C has about 7.53 M in cash with 625.25 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check Widepoint Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Widepoint C is $38.9 Million. Widepoint C owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Widepoint Ownership Details

Widepoint Historical Income Statement

At this time, Widepoint's Depreciation And Amortization is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 94.9 M in 2024, whereas Total Revenue is likely to drop slightly above 53.8 M in 2024. View More Fundamentals

Widepoint Stock Against Markets

Widepoint Corporate Executives

Elected by the shareholders, the Widepoint's board of directors comprises two types of representatives: Widepoint inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Widepoint. The board's role is to monitor Widepoint's management team and ensure that shareholders' interests are well served. Widepoint's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Widepoint's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert GeorgeExecutive CFOProfile
Ian SparlingInterim Chief Financial OfficerProfile

Already Invested in Widepoint C?

The danger of trading Widepoint C is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Widepoint is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Widepoint. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Widepoint C is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Widepoint Stock Analysis

When running Widepoint's price analysis, check to measure Widepoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Widepoint is operating at the current time. Most of Widepoint's value examination focuses on studying past and present price action to predict the probability of Widepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Widepoint's price. Additionally, you may evaluate how the addition of Widepoint to your portfolios can decrease your overall portfolio volatility.