Waton Financial (NASDAQ:WTF) Shares Up 5.2% – Time to Buy?

Waton Financial Limited (NASDAQ:WTF)’s share price rose 5.2% on Friday . The stock traded as high as $3.17 and last traded at $3.05. 3,921 shares were traded during trading, a decline of 75% from the average session volume of 15,699 shares. The stock had previously closed at $2.90.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Waton Financial in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Waton Financial has an average rating of “Sell”.

Waton Financial Trading Up 5.2%

The company’s 50-day moving average is $3.08 and its 200-day moving average is $3.46.

Hedge Funds Weigh In On Waton Financial

A hedge fund recently bought a new stake in Waton Financial stock. Boothbay Fund Management LLC purchased a new stake in Waton Financial Limited (NASDAQ:WTF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned approximately 0.19% of Waton Financial at the end of the most recent reporting period.

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.