Today: Today: Analysts give average Rating of “Strong Buy” to Zacks: WidePoint Co. (WYY)

Today: Analysts give average Rating of “Strong Buy” to Zacks: WidePoint Co. (WYY)

Shares of WidePoint Co. (NYSE:WYY) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation. WidePoint’s rating score has improved by 50% from three months ago as a result of various analysts’ ratings changes.

Analysts have set a 12 month consensus price objective of $1.50 for the company and are expecting that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also given WidePoint an industry rank of 212 out of 265 based on the ratings given to related companies.

Several research firms have weighed in on WYY. B. Riley reaffirmed a “buy” rating and set a $1.50 price target on shares of WidePoint in a research report on Sunday, August 14th. Zacks Investment Research raised WidePoint from a “sell” rating to a “hold” rating in a research report on Saturday, September 24th.

WidePoint (NYSE:WYY) opened at 0.4147 on Friday. The firm’s market capitalization is $34.31 million. The company has a 50 day moving average price of $0.43 and a 200-day moving average price of $0.61. WidePoint has a 52 week low of $0.37 and a 52 week high of $0.98.

WidePoint Company Profile

WidePoint Corporation is a provider of information technology (IT)-based products, services and solutions. The Company offers secure, cloud-based, enterprise-wide IT-based solutions that enable commercial markets, and federal and state government organizations, to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements.

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