Wisekey International Holding(WKEY) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about WKEY. We will be studying the movement so you can make the best decision as an investor.
First, here is information about the company and how it functions: WISeKey International Holding Ltd. is a cybersecurity company, which engages in the provision of digital security technology in the field of cybersecurity, digital identification and authentication of people & objects. It operates through the Internet of Things (IoT) and Managed Public Key (mPKI) segment. The IoT segment encompasses the design, manufacturing, sales and distribution of microprocessors operations. The mPKI segment includes all operations relating to the provision of secured access keys, authentication, signing software, certificates and digital security applications. The company was founded by Carlos Moreira in December 2015 and is headquartered in Zug, Switzerland.
The stock has moved downwards today by 6.99%. The high for today is 14.45 and today’s low is 13.19. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it. Next we will be going over the forecast.
As an investor, you can get an idea where the stock is trending by the forecast. In this case the high forecast for Wisekey International Holding is $35.00 and the low forecast is $18.00. We can get a look into the future by looking at past trends. Looking at Wisekey International Holding’s 5 year movement it seems it has fallen 31%. Overall, Wisekey International Holding is in great shape going forward. They have a strong market cap of $122.21M and a very bright future ahead fo them.