|Bid||7.94 x 1100|
|Ask||8.05 x 1000|
|Day's Range||7.79 - 8.30|
|52 Week Range||4.60 - 15.89|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||6.54|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Trusted mobility management (TM2) solutions provider WidePoint Corp (AMEX: WYY) was awarded over million in task orders through its recently secured indefinite-delivery, indefinite-quantity (IDIQ) contract with the U.S. Department of Homeland Security (DHS). In November 2020, WidePoint announced the Cellular Wireless Managed Services (CWMS) 2.0 contract from its long-standing customer, DHS. The contract had a $500 million ceiling and contained a one-year base period with four 12-month option periods extending through November 24, 2025, valued at $81.8 million over the potential five-year period. The $86 million task orders included one-year task order for the Cyber Security and Infrastructure Security Agency (CISA), valued at $1.1 million, three separate task orders varying from one to five years for Customs and Border Protection (CBP), valued at $1.6 million and a three-month task order for DHS headquarters, valued at $2.2 million. The contracts mostly represented follow-on orders signifying growth opportunities within the company’s existing relationships, huge demand for its solutions, and additional orders following the demand as per WidePoint President Todd Dzyak. Price action: WYY shares traded lower by 7.07% at $10.64 on the last check Wednesday. See more from BenzingaClick here for options trades from BenzingaFacebook's Zuckerberg Talks Internet Reform Rules Prior To Congressional Hearing: ReutersSiyata Mobile Shares Are Trading Higher On ClearRF Acquisition For Siyata Mobile Shares Are Trading Higher On ClearRF Acquisition For $0.7M.7M© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
WidePoint's (WYY) Q4 results are likely to reflect benefits from managed services projects and higher-margin revenue streams.