WaveDancer, Inc. (NASDAQ:WAVD – Get Rating)'s share price rose 7.2% during trading on Tuesday . The company traded as high as $0.58 and last traded at $0.51. Approximately 26,158 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 51,593 shares. The stock had previously closed at $0.48.

WaveDancer Trading Up 7.2 %

The stock has a 50 day simple moving average of $0.67 and a 200 day simple moving average of $1.03. The firm has a market capitalization of $9.84 million, a PE ratio of -0.89 and a beta of 2.97.

WaveDancer (NASDAQ:WAVD – Get Rating) last announced its quarterly earnings results on Monday, November 21st. The company reported ($0.26) EPS for the quarter. The company had revenue of $2.31 million during the quarter. WaveDancer had a negative return on equity of 63.84% and a negative net margin of 79.13%.

Institutional Investors Weigh In On WaveDancer

WaveDancer Company Profile

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WaveDancer, Inc engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. It also offers secure supply chain management software solution; and software development, system modernizations, cloud-based solutions, and cybersecurity services.

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