 |
|
|
WYY just announced a secure |
|
|
contractual agreement with EyakTech. |
|
|
Released on Monday, October 24, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - WidePoint Corporation (AMEX:WYY), known for their wireless management and security with internet protocols, the corporation is small at only $58 million. WidePoint also works with cybersecurity, which is a burgeoning industry with nearly everything these days taking on an IT component. But the stock is a movable option to play on, with a beta volatility of 1.13 and an EPS of $0.09 per share, this company is looking to have fair returns.
With some strong support coming in the background, the company just announced a secure contractual agreement with EyakTech to work on federated information. The company is looking at some possible nice long-term returns from this deal which you might want to be a part of. WYY is trading at $0.93 per share (4:00 PM EDT, October 21st, 2011), and the MACD is indicating that up-ward momentum is growing in the stock. So a play might be makeable here.
With the contract possibly coming into fruition, such a small firm could be hitting a growth initiative. The EPS of $0.09 might seems small, but for a stock that only holds currently at ninety on the dollar, that’s 10% earnings on the price of the stock.
Find more stocks on the SpeculatingStocks homepage.
Comments:
