Summit Wireless Technologies Inc. (NASDAQ:WISA) traded at a new 52-week high today of $5.60. Approximately 252,000 shares have changed hands today, as compared to an average 30-day volume of 1.3 million shares.
In the past 52 weeks, shares of Summit Wireless Technologies Inc. have traded between a low of $1.72 and a high of $5.60 and is now at $5.22, which is 203% above that low price.
There is potential upside of 125.4% for shares of Summit Wireless Technologies Inc. based on a current price of $5.22 and an average consensus analyst price target of $11.77.
Summit Wireless Technologies Inc is a provider of immersive, wireless sound technology for intelligent devices and next generation home entertainment systems. Working with CE brands and manufacturers, the company delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is the founder of WiSA (the Wireless Speaker and Audio Association) and works in joint partnership. The company is in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer