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

HC Wainwright reaffirmed their buy rating on shares of WISeKey International (NASDAQ:WKEY) in a research report released on Wednesday, Benzinga reports. The brokerage currently has a $4.00 price target on the stock. HC Wainwright also issued estimates for WISeKey International’s FY2024 earnings at ($5.74) EPS.

WISeKey International Stock Down 1.7 %

WISeKey International stock opened at $1.91 on Wednesday. WISeKey International has a 1-year low of $1.35 and a 1-year high of $7.17. The company has a fifty day simple moving average of $2.15 and a 200 day simple moving average of $2.11.

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.