Waton Financial (NASDAQ:WTF) Announces Earnings Results

Waton Financial (NASDAQ:WTF) announced its quarterly earnings results on Friday. The company reported ($0.07) earnings per share for the quarter, FiscalAI reports. The business had revenue of $2.49 million for the quarter.

Waton Financial Trading Up 11.2%

WTF opened at $2.98 on Friday. Waton Financial has a 52-week low of $2.28 and a 52-week high of $7.22. The company has a 50 day moving average of $2.86 and a two-hundred day moving average of $3.43.

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 stake in Waton Financial Limited (NASDAQ:WTF) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned approximately 0.19% of Waton Financial at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Waton Financial in a report on Thursday, June 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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.