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WTT
Stock ticker:
ASE
AS OF
Aug 5 closing price
Price
$1.49
Change
-$0.04 (-2.61%)
Capitalization
34M

WTT Price Prediction, Wireless Telecom Group AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 05, 2022

Momentum Indicator for WTT turns positive, indicating new upward trend

WTT saw its Momentum Indicator move above the 0 level on July 20, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 113 similar instances where the indicator turned positive. In 87 of the 113 cases, the stock moved higher in the following days. The odds of a move higher are at 77%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

WTT moved above its 50-day moving average on July 26, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for WTT crossed bullishly above the 50-day moving average on August 02, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WTT advanced for three days, in of 220 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for WTT moved out of overbought territory on August 05, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

WTT broke above its upper Bollinger Band on July 29, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for WTT entered a downward trend on July 20, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WTT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.871) is normal, around the industry mean (6.548). P/E Ratio (147.059) is within average values for comparable stocks, (51.763). WTT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.471). WTT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.747) is also within normal values, averaging (67.338).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WTT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

WTT is expected to report earnings to rise 300.00% to -3 cents per share on August 09

Wireless Telecom Group WTT Stock Earnings Reports
Q2'22
Est.
$-0.04
Q1'22
Beat
by $0.02
Q4'21
Est.
$0.02
Q3'21
Est.
$-0.01
Q2'21
Beat
by $0.08
The last earnings report on May 11 showed earnings per share of 0 cents, beating the estimate of -3 cents. With 18.57K shares outstanding, the current market capitalization sits at 34.00M.
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A.I.Advisor
published Dividends

WTT paid dividends on November 14, 2005

Wireless Telecom Group WTT Stock Dividends
А quarterly dividend of $0.03 per share was paid with a record date of November 14, 2005, and an ex-dividend date of November 02, 2005. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Nokia Corp (NYSE:NOK), Ericsson (NASDAQ:ERIC), Hewlett Packard Enterprise Company (NYSE:HPE), Juniper Networks (NYSE:JNPR), Ciena Corp (NYSE:CIEN), Lumentum Holdings (NASDAQ:LITE), Maxar Technologies (NYSE:MAXR), CommScope Holding Company (NASDAQ:COMM), Casa Systems (NASDAQ:CASA).

Industry description

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

Market Cap

The average market capitalization across the Telecommunications Equipment Industry is 4.01B. The market cap for tickers in the group ranges from 22.4K to 186.38B. CSCO holds the highest valuation in this group at 186.38B. The lowest valued company is DIRV at 22.4K.

High and low price notable news

The average weekly price growth across all stocks in the Telecommunications Equipment Industry was 4%. For the same Industry, the average monthly price growth was 9%, and the average quarterly price growth was -8%. CRMK experienced the highest price growth at 138%, while DZSI experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Telecommunications Equipment Industry was 15%. For the same stocks of the Industry, the average monthly volume growth was 13% and the average quarterly volume growth was 6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 62
Price Growth Rating: 57
SMR Rating: 43
Profit Risk Rating: 83
Seasonality Score: -12 (-100 ... +100)
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published General Information

General Information

a manufacturer of peak power meters, noise generators and passive telecommunications components

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Aerospace And Defense
Address
25 Eastmans Road
Phone
+1 973 386-9696
Employees
115
Web
https://www.wirelesstelecomgroup.com

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WTT and

Correlation & Price change

A.I.dvisor tells us that WTT and CLRO have been poorly correlated (+3% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that WTT and CLRO's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WTT
1D Price
Change %
WTT100%
-4.52%
CLRO - WTT
3%
Poorly correlated
-3.92%
CRNT - WTT
2%
Poorly correlated
-0.74%
POLY - WTT
-1%
Poorly correlated
-0.08%
UTSI - WTT
-3%
Poorly correlated
-8.56%
MSI - WTT
-4%
Poorly correlated
+4.39%
More