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Summit Wireless Technologies (WISA) Stock Price Down 12.8%

Summit Wireless Technologies (WISA) Stock Price Down 12.8% Posted by Jim Brewer on May 25th, 2019

Summit Wireless Technologies Inc (NASDAQ:WISA) shares traded down 12.8% during trading on Wednesday . The stock traded as low as $1.36 and last traded at $1.36. 751,876 shares changed hands during mid-day trading, an increase of 1,637% from the average session volume of 43,289 shares. The stock had previously closed at $1.56. Get Summit Wireless Technologies alerts:

Summit Wireless Technologies (NASDAQ:WISA) last announced its quarterly earnings results on Tuesday, May 14th. The company reported ($0.17) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.01). The business had revenue of $0.47 million for the quarter.

Large investors have recently made changes to their positions in the business. First Republic Investment Management Inc. bought a new position in Summit Wireless Technologies in the 1st quarter valued at $34,000. Vanguard Group Inc bought a new position in Summit Wireless Technologies in the 3rd quarter valued at $134,000. Vanguard Group Inc. bought a new position in Summit Wireless Technologies in the 3rd quarter valued at $134,000. Waldron Private Wealth LLC bought a new position in Summit Wireless Technologies in the 1st quarter valued at $175,000. Finally, PNC Financial Services Group Inc. bought a new position in Summit Wireless Technologies in the 1st quarter valued at $253,000. 1.96% of the stock is owned by hedge funds and other institutional investors. TRADEMARK VIOLATION NOTICE: “Summit Wireless Technologies (WISA) Stock Price Down 12.8%” was originally published by WKRB News and is the sole property of of WKRB News. If you are reading this piece on another site, it was illegally stolen and reposted in violation of international copyright and trademark law. The legal version of this piece can be viewed at https://www.wkrb13.com/2019/05/25/summit-wireless-technologies-wisa-stock-price-down-12-8.html.

Summit Wireless Technologies Company Profile ( NASDAQ:WISA )

Summit Wireless Technologies, Inc develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. The company offers TX modules for TVs, AV receivers, media hubs, and small dongles that connect through USB or HDMI ports; and speaker systems.