Finer Wealth Management Inc. Invests $448,000 in WISeKey International Holding AG (NASDAQ:WKEY)

Finer Wealth Management Inc. purchased a new position in WISeKey International Holding AG (NASDAQ:WKEY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 49,497 shares of the company’s stock, valued at approximately $448,000.

Separately, SBI Securities Co. Ltd. purchased a new position in WISeKey International in the fourth quarter valued at about $97,000. Hedge funds and other institutional investors own 0.33% of the company’s stock.

WISeKey International Trading Down 1.8 %

Shares of WKEY stock opened at $3.93 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.81 and a current ratio of 1.96. The company has a 50 day moving average of $4.70 and a 200-day moving average of $4.80. WISeKey International Holding AG has a 12-month low of $1.61 and a 12-month high of $14.00.

WISeKey International Company Profile

WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates in two segments, IoT and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services.