According to Zacks, “WidePoint is a technology-based provider of products and services to the government sector and commercial markets. WidePoint specializes in providing systems engineering, integration and information technology services. WidePoint’s wholly owned subsidiary, ORC, is at the forefront of implementing government-compliant eAuthentication identity management managed services and associated systems engineering/integration. ORC has earned four major U.S. federal government certifications offering the highest levels of assurance for transactions over the Internet. WidePoint’s profile of customers encompasses U.S. Federal Government agencies, including the Department of Defense, the Department of Homeland Security and the Department of Justice as well as major U.S. defense contractors and several major pharmaceutical companies. “
Separately, B. Riley reaffirmed a buy rating and issued a $1.50 price objective on shares of WidePoint in a research report on Sunday, August 14th.
WidePoint (NYSE:WYY) opened at 0.4173 on Wednesday. WidePoint has a 12-month low of $0.37 and a 12-month high of $0.98. The company’s market cap is $34.52 million. The stock has a 50 day moving average price of $0.43 and a 200-day moving average price of $0.62.
WidePoint Company Profile
WidePoint Corporation is a provider of information technology (IT)-based products, services and solutions. The Company offers secure, cloud-based, enterprise-wide IT-based solutions that enable commercial markets, and federal and state government organizations, to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for WidePoint Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WidePoint Co. and related companies with MarketBeat.com's FREE daily email newsletter.