WISeKey International (NASDAQ:WKEY) Earns Buy Rating from HC Wainwright

HC Wainwright restated their buy rating on shares of WISeKey International (NASDAQ:WKEY) in a research report sent to investors on Wednesday,Benzinga reports. HC Wainwright currently has a $4.00 target price on the stock. HC Wainwright also issued estimates for WISeKey International’s FY2025 earnings at ($7.37) EPS.

WISeKey International Price Performance

Shares of WKEY opened at $3.77 on Wednesday. The business’s 50-day moving average is $4.26 and its two-hundred day moving average is $4.86. WISeKey International has a fifty-two week low of $1.61 and a fifty-two week high of $14.00. The company has a quick ratio of 1.81, a current ratio of 1.96 and a debt-to-equity ratio of 0.62.

Hedge Funds Weigh In On WISeKey International

Several institutional investors have recently made changes to their positions in WKEY. SBI Securities Co. Ltd. acquired a new stake in WISeKey International during the fourth quarter valued at $97,000. GAMMA Investing LLC acquired a new stake in shares of WISeKey International during the 1st quarter valued at about $45,000. Finer Wealth Management Inc. purchased a new position in shares of WISeKey International in the 4th quarter valued at about $448,000. Finally, Bank of Montreal Can acquired a new position in WISeKey International in the 4th quarter worth about $1,037,000. 0.33% of the stock is owned by hedge funds and other institutional investors.

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.