WidePoint (NYSE:WYY) VP Daniel Turissini unloaded 75,721 shares of the stock on the open market in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $0.92, for a total transaction of $69,663.32. Following the sale, the vice president now directly owns 647,495 shares in the company. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
WidePoint (NYSE:WYY) traded up 2.19% on Thursday, hitting $0.935. 305,938 shares of the company’s stock traded hands. WidePoint has a one year low of $0.32 and a one year high of $1.03. The stock’s 50-day moving average is $0.79 and its 200-day moving average is $0.66. The company has a market cap of $59.7 million and a P/E ratio of 48.16.
WidePoint (NYSE:WYY) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.01. The company had revenue of $11.30 million for the quarter, compared to the consensus estimate of $14.00 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. On average, analysts predict that WidePoint will post $0.02 earnings per share for the current fiscal year.
WidePoint Corporation (NYSE:WYY) is a provider of technology-based products and services to both the government sector and commercial markets.
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