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

Waton Financial Limited (NASDAQ:WTF) shares were up 5.2% on Friday . The stock traded as high as $3.17 and last traded at $3.05. 3,921 shares changed hands during 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 reiterated a “sell (e+)” rating on shares of Waton Financial in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Waton Financial Stock Performance

The stock’s 50 day moving average price is $3.08 and its 200 day moving average price is $3.46.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Waton Financial stock. Boothbay Fund Management LLC purchased a new stake in Waton Financial Limited (NASDAQ:WTF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned approximately 0.19% of Waton Financial as of its most recent SEC filing.

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.