Waton Financial (NASDAQ:WTF) Posts Quarterly Earnings Results

Waton Financial (NASDAQ:WTF) posted its quarterly earnings data on Friday. The company reported ($0.07) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $2.49 million during the quarter.

Waton Financial Stock Up 11.2%

WTF stock traded up $0.30 during trading on Friday, reaching $2.98. The company had a trading volume of 5,539 shares, compared to its average volume of 63,809. Waton Financial has a twelve month low of $2.28 and a twelve month high of $7.22. The firm has a 50-day simple moving average of $2.87 and a 200-day simple moving average of $3.43.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Waton Financial stock. Boothbay Fund Management LLC acquired a new position in shares of Waton Financial Limited (NASDAQ:WTF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned 0.19% of Waton Financial at the end of the most recent quarter.

Analyst Ratings Changes

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

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.