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home / news releases / WCAGY - Wirecard Nears Inflection Point Could Break Out Soon

WCAGY - Wirecard Nears Inflection Point Could Break Out Soon

Wirecard Ag Unsp/Adr

1. Introduction

Considering the latest developments, I decided to write an update to my previous Wirecard (OTCPK:WRCDF) (OTCPK:WCAGY) article from January 12, 2020 entitled "Wirecard: Why Patience Could Finally Pay Off In 2020".

Furthermore, the company published its preliminary results for Q4 2019 and FY 2019 last Friday which also smashed revenue expectations of the analysts.

Since my previous article, the stock price surged from €110.90 up to €146 on Friday after publication of the preliminary results which corresponds to a return of 32% in approximately one month

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Stock Information
Company Name: Wirecard Ag Unsp/Adr
Stock Symbol: WCAGY
Market: OTC
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