WidePoint Co. (NYSEAMERICAN:WYY) – Stock analysts at B. Riley cut their Q2 2018 earnings estimates for shares of WidePoint in a research note issued to investors on Thursday. B. Riley analyst M. Crawford now anticipates that the technology company will post earnings of $0.00 per share for the quarter, down from their previous estimate of $0.01. B. Riley also issued estimates for WidePoint’s FY2018 earnings at $0.01 EPS and FY2019 earnings at $0.03 EPS.

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WidePoint (NYSEAMERICAN WYY) opened at $0.55 on Friday. The stock has a market cap of $43.35, a PE ratio of -9.17 and a beta of 1.94. WidePoint has a 1-year low of $0.39 and a 1-year high of $0.73.

A hedge fund recently bought a new stake in WidePoint stock. Raymond James Financial Services Advisors Inc. bought a new stake in WidePoint Co. (NYSEAMERICAN:WYY) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 749,440 shares of the technology company’s stock, valued at approximately $487,000. Raymond James Financial Services Advisors Inc. owned approximately 0.90% of WidePoint at the end of the most recent quarter.

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About WidePoint

WidePoint Corporation is a provider of information technology (IT)-based products, services and solutions. The Company offers secure, cloud-based, enterprise-wide IT-based solutions that enable commercial markets, and federal and state government organizations, to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements.

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