Waton Financial (NASDAQ:WTF) Trading Up 5.2% – What’s Next?

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

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Waton Financial in a research report on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Waton Financial Trading Up 5.2%

The business’s 50-day simple moving average is $3.08 and its 200-day simple 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 bought a new position in shares of Waton Financial Limited (NASDAQ:WTF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned 0.19% of Waton Financial as of its most recent filing with the Securities and Exchange Commission.

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.