How to Buy Widepoint Stock
Widepoint Corp
WidePoint Corporation provides trusted mobility management solutions to the government and commercial sectors in North America and Europe.
Widepoint stock last closed at $2.01, down 2.9% from the previous day, and has increased 10.44% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.05 percentage points. Widepoint stock is currently +25.63% from its 52-week low of $1.60, and -42.41% from its 52-week high of $3.49.
At the moment, there are 8.84M WYY shares outstanding. The market capitalization of WYY is $17.78M. In the past 24 hours, 32,828 WYY shares were traded.
How to Buy Widepoint Stock
Wondering how to invest in Widepoint stock? Here's how.
- Decide where to buy Widepoint stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Widepoint stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your details.
- Analyze Widepoint stock: The Widepoint ticker symbol is WYY. Is Widepoint stock a good investment? Should you buy shares of WYY? How do WYY's underlying business fundamentals look? Do top analysts think Widepoint is a good buy? Why has WYY's stock price moved recently? (Hint: Our stock research tools can help you decide if WYY is a good stock to buy).
- Make your WYY purchase: Decide if you will purchase WYY shares at the current market price or use a limit order to purchase WYY shares at a given price.
- Keep tabs on your WYY investment: Create a watchlist to watch your new investment in Widepoint stock.
Step 1: Decide where to buy Widepoint stock
You need a brokerage account in order to access the NYSEMKT market and buy WYY stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to buy WYY stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on our top ranked stock app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing money into your new investment account.
Step 4: Analyze Widepoint stock
After you have decided on the best place to buy Widepoint stock, it's absolutely critical to evaluate their stock prior to buying, so you truly understand the risk and upside.
Widepoint stock at a glance
Widepoint Zen Score
WallStreetZen was built to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on WYY's stock page.
What is the fair value of WYY stock?
Analysts use many financial metrics, analyses, models, and charts to gauge WYY's intrinsic value.
Using relative valuations measures:
- WYY could be undervalued based on its P/B ratio of 1.21x, relative to Information Technology Services industry P/B ratio of 4.51x
You can access more valuation analysis on WYY's stock here.
A look at WYY Cashflows and Balance Sheet
Passed Health Checks:
- WYY profit margin has gone up from -25.1% to -3.8% in the past year.
- There are more short-term assets than short-term liabilities on the WYY balance sheet.
- There are more short-term assets than long-term liabilities on the WYY balance sheet.
- WYY has $6.92M in cash and short term investments. This is sufficient to cover its annual cash burn of $464.84k.
- WYY has cash burn of 464841. It has enough cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- Total WYY debt is higher than 5 years ago, relative to shareholder equity.
- WYY has a relatively high debt to equity ratio of 2.5.
WYY Technicals
WYY Earnings
Last year, WYY revenue was $106.03M. During the past five year, WYY's revenue has increased by 4.85% per year. This was slower than the Information Technology Services industry average of 7.86%.
You can research WYY's earnings and revenue performance here.
Latest Insiders Trades at WYY
In the past 12 months, executives and large shareholders at WYY have sold more shares than they have bought.
Jason Holloway, EVP and Chief Sales and Market of WYY, was the latest WYY insider to buy. They bought $2,260.00 worth of WYY stock on Apr 10, 2024.
Get more info about who owns WYY stock here.
Does WYY stock generate passive income?
No, Widepoint doesn't provide an income stream by paying out dividends.
What others are saying about WYY
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your WYY purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and your broker will place the order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your WYY investment
Now that you own some shares in WYY, you'll want to keep up with your new company.
Create a watchlist to keep track of your WYY stock.
WYY Feed
How to Buy Stock in Widepoint
To summarize, here are the 6 steps to buy Widepoint stock:
- Decide where to buy Widepoint stock
- Open your brokerage account
- Fund your investment account
- Analyze Widepoint stock
- Make your WYY purchase
- Keep tabs on your WYY investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Widepoint, add WYY to your watchlist by clicking the button below.
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