Summit Wireless Technologies, I found using ticker (WISA) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 12 and 5.5 with a mean TP of 7.83. Given that the stocks previous close was at 3.8 this would indicate that there is a potential upside of 106.1%. There is a 50 day moving average of 3.87 and the 200 moving average now moves to 2.75. The market cap for the company is $33m. Find out more information at: http://www.summitwireless.com
Summit Wireless Technologies develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. It offers TX modules for integration into televisions, audio-visual receivers, media hubs, and USB or HDMI dongles; and speaker systems. The company sells its products directly to original equipment manufacturers. The company was formerly known as Summit Semiconductor and changed its name to Summit Wireless Technologies in September 2018. Summit Semiconductor was founded in 2010 and is headquartered in San Jose, California.
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