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How Will the Market React to Wisekey International Holding AG - ADR (WKEY) Stock Getting a Bullish Rating

Friday, February 23, 2024 09:50 AM | InvestorsObserver Analysts

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How Will the Market React to Wisekey International Holding AG - ADR (WKEY) Stock Getting a Bullish Rating

Wisekey International Holding AG - ADR (WKEY) stock has fallen 0.38% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Wisekey International Holding AG - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WKEY!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With WKEY Stock Today?

Wisekey International Holding AG - ADR (WKEY) stock is down -5.87% while the S&P 500 is higher by 0.44% as of 9:45 AM on Friday, Feb 23. WKEY has fallen -$0.16 from the previous closing price of $2.81 on volume of 32,858 shares. Over the past year the S&P 500 is higher by 28.02% while WKEY has fallen -41.50%. WKEY lost -$7.30 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Wisekey International Holding AG - ADR click here.

More About Wisekey International Holding AG - ADR

WISeKey International Holding Ltd is a cybersecurity company focused on delivering integrated security solutions for the Internet of Things and digital identity ecosystems. It integrates secure semiconductors, cybersecurity software, and a globally recognized Root of Trust (RoT) into leading-edge products and services that protect users, devices, data and transactions in the internet-connected world. It has three business segments. The IoT segment, which is the key revenue driver, generates revenue from the sale of semiconductor's secure chips. The AI segment encompasses the AI automation services acquired with arago GmbH. The mPKI segment generates revenues from Digital Certificates, Software as a Service, Software license and Post-Contract Customer Support for cybersecurity applications. Click Here to get the full Stock Report for Wisekey International Holding AG - ADR stock.

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