Waton Financial (NASDAQ:WTF) Issues Quarterly 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 company had revenue of $2.49 million for the quarter.

Waton Financial Price Performance

Shares of NASDAQ:WTF traded up $0.30 during midday trading on Friday, reaching $2.98. The company had a trading volume of 5,539 shares, compared to its average volume of 4,438. The company’s 50 day moving average price is $2.86 and its 200 day moving average price is $3.43. Waton Financial has a 52-week low of $2.28 and a 52-week high of $7.22.

Institutional Trading of Waton Financial

An institutional investor recently bought a new stake in Waton Financial stock. Boothbay Fund Management LLC bought a new stake in Waton Financial Limited (NASDAQ:WTF) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned about 0.19% of Waton Financial as of its most recent SEC filing.

Wall Street Analyst Weigh In

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

About Waton Financial

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.