Yesterday, a Major Shareholder at Widepoint (WYY), Nokomis Capital, L.L.C., sold shares of WYY for $1.08M.
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Based on Widepoint’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $39.67 million and quarterly net profit of $483.9K. In comparison, last year the company earned revenue of $21.92 million and had a net profit of $384.1K. Currently, Widepoint has an average volume of 988.09K. WYY’s market cap is $44.43 million and the company has a P/E ratio of 65.30.
The insider sentiment on Widepoint has been negative according to 13 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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WidePoint Corp. provides Trusted Mobility Management (TM2) that consists of federally certified communications management, identity management, and bill presentation and analytics solutions. It also provides professional services solution that is centered on the use of proprietary advanced and federally certified software solutions and supported by in-house subject matter experts. The company was founded on May 30, 1997 and is headquartered in Fairfax, VA.
