Waton Financial (NASDAQ:WTF) Stock Price Down 0.4% – Here’s Why

Waton Financial Limited (NASDAQ:WTF)’s share price fell 0.4% during mid-day trading on Tuesday. The stock traded as low as $2.52 and last traded at $2.53. Approximately 1,290 shares were traded during trading, a decline of 48% from the average session volume of 2,505 shares. The stock had previously closed at $2.54.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Waton Financial in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Waton Financial Trading Down 2.5%

The business’s fifty day moving average price is $2.79 and its 200 day moving average price is $3.11.

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