WISeKey International (NASDAQ:WKEY) Receives Buy Rating from HC Wainwright

WISeKey International (NASDAQ:WKEY)‘s stock had its “buy” rating restated by HC Wainwright in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $4.00 target price on the stock. HC Wainwright’s price objective would suggest a potential upside of 74.67% from the company’s current price. HC Wainwright also issued estimates for WISeKey International’s FY2025 earnings at ($7.72) EPS.

WISeKey International Stock Down 0.4 %

WISeKey International stock opened at $2.29 on Thursday. The stock has a 50-day simple moving average of $2.19 and a 200 day simple moving average of $2.17. WISeKey International has a 12-month low of $1.35 and a 12-month high of $3.44.

About WISeKey International

WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates in two segments, IoT and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services.