Summit Wireless Technologies Inc. (NASDAQ:WISA) traded today at a new 52-week high of $5.08. This new high was reached on below average trading volume as 368,000 shares traded hands, while the average 30-day volume is approximately 1.3 million shares.
Summit Wireless Technologies Inc. share prices have moved between a 52-week high of $5.08 and a 52-week low of $1.72 and are now trading 159% above that low price at $4.45 per share.
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.
Potential upside of 164.4% exists for Summit Wireless Technologies Inc., based on a current level of $4.45 and analysts' average consensus price target of $11.77.
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