WISeKey International (NASDAQ:WKEY) Issues Quarterly Earnings Results

WISeKey International (NASDAQ:WKEY) posted its earnings results on Wednesday. The company reported ($0.06) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $5.72 million for the quarter.

WISeKey International Stock Down 3.5%

WKEY opened at $5.86 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 12.87 and a current ratio of 12.92. WISeKey International has a 52 week low of $5.32 and a 52 week high of $19.80. The business has a fifty day simple moving average of $6.33 and a 200-day simple moving average of $7.07.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WISeKey International in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, WISeKey International currently has an average rating of “Hold” and an average price target of $10.00.

About WISeKey International

WISeKey International Group (NASDAQ: WKEY) is a Swiss cybersecurity and digital identity company that provides trusted technology for securing people, devices, data and digital transactions. Its solutions are designed to support the authentication of connected devices, protection of digital identities and management of cybersecurity credentials across the Internet of Things (IoT).

The company offers public key infrastructure (PKI), digital certificates, identity management and cybersecurity services, as well as hardware-based security products such as secure elements and semiconductor technologies.