HC Wainwright Reiterates Buy Rating for WISeKey International (NASDAQ:WKEY)

WISeKey International (NASDAQ:WKEY)‘s stock had its “buy” rating reissued by equities researchers at HC Wainwright in a note issued to investors on Thursday, Benzinga reports. They currently have a $4.00 price objective on the stock. HC Wainwright’s target price points to a potential upside of 74.67% from the stock’s previous close. HC Wainwright also issued estimates for WISeKey International’s FY2025 earnings at ($7.72) EPS.

WISeKey International Trading Down 0.4 %

WKEY opened at $2.29 on Thursday. The firm’s fifty day moving average price is $2.19 and its two-hundred day moving average price is $2.17. WISeKey International has a fifty-two week low of $1.35 and a fifty-two week high of $3.44.

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.