Waton Financial (NASDAQ:WTF) Stock Price Down 1.5% – What’s Next?

Shares of Waton Financial Limited (NASDAQ:WTF) fell 1.5% on Monday . The stock traded as low as $2.60 and last traded at $2.66. Approximately 4,761 shares were traded during trading, an increase of 3% from the average daily volume of 4,621 shares. The stock had previously closed at $2.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Waton Financial in a report on Thursday, June 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Waton Financial presently has an average rating of “Sell”.

Waton Financial Trading Down 1.5%

The company’s 50-day moving average is $2.85 and its 200 day moving average is $3.33.

Waton Financial (NASDAQ:WTF) last issued its quarterly earnings data on Friday, July 31st. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $2.49 million for the quarter.

Hedge Funds Weigh In On Waton Financial

An institutional investor recently bought a new position in Waton Financial stock. Boothbay Fund Management LLC purchased a new position in Waton Financial Limited (NASDAQ:WTF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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.

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.