Waton Financial (NASDAQ:WTF) Shares Up 1.2% – Time to Buy?

Shares of Waton Financial Limited (NASDAQ:WTF) shot up 1.2% during trading on Wednesday. The stock traded as high as $2.70 and last traded at $2.63. Approximately 1,684 shares were traded during mid-day trading, a decline of 67% from the average session volume of 5,155 shares. The stock had previously closed at $2.60.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Waton Financial in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Waton Financial has an average rating of “Sell”.

Waton Financial Price Performance

The stock’s fifty day moving average is $2.65 and its 200 day moving average is $3.00.

Waton Financial (NASDAQ:WTF) last posted its quarterly earnings data on Friday, July 31st. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $2.49 million during the quarter.

Waton Financial Company Profile

Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions. The company was founded on June 25, 2010 and is headquartered in Hong Kong.