Do Traders Think WidePoint Corporation (WYY) Can Keep Climbing Friday?

Overall market sentiment has been high on WidePoint Corporation (WYY) stock lately. WYY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

WidePoint Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WYY!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With WYY Stock Today?

WidePoint Corporation (WYY) stock is trading at $2.10 as of 9:49 AM on Friday, Jul 14, an increase of $0.01, or 0.26% from the previous closing price of $2.09. Volume today is 36,778 compared to average volume of 41,774. The stock has traded between $2.10 and $2.27 so far today.

More About WidePoint Corporation

WidePoint Corp is a provider of trusted mobility management (TM2) that offers federally certified communications management, identity management, and interactive bill presentment and analytics solutions. The company's solutions include Telecom Lifecycle Management, Digital billing communications solutions, and Mobile and Identity management. Click Here to get the full Stock Report for WidePoint Corporation stock.