The CEO of Widepoint Corp (NYSE MKT: WYY) is Buying Shares

By Carrie Williams

Today, the CEO of Widepoint Corp (NYSE MKT: WYY), Jin Kang, bought shares of WYY for $11.1K.

In addition to Jin Kang, one other WYY executive reported Buy trades in the last month.

Based on Widepoint Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $19.93 million and GAAP net loss of $764.9K. In comparison, last year the company earned revenue of $18.61 million and had a GAAP net loss of $1.15 million. Currently, Widepoint Corp has an average volume of 159.5K. The company has a one-year high of $0.73 and a one-year low of $0.39.

Starting in May 2016, WYY received 6 Buy ratings in a row.

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WidePoint Corp. engages in the provision of communications solutions and federally certified secure identity management solutions to the government and commercial sectors. Its services include Telecom Life Cycle Management, Telecom Analysis, and Mobile and Identity Management. The company was founded on May 30, 1997 and is headquartered in McLean, VA.