A New Drug Set to Outgrow Zoloft and Metformin--Invest Now
A new breakthrough drug is predicted to hit 250 million subscriptions in the next SIX YEARS, according to Morgan Stanley. Even better, a tiny company - trading for only $7 - holds key patents on this new drug. But it won't stay under the radar for much longer.
Shares Stats
| Shares Outstanding | 10,488,900 |
| Shares Float | 8,329,513 |
| Shares Short | 236,535 |
| Insider Holdings | 1652% |
| Institution Holdings | 3.83% |
About Summit Wireless Technologies, Inc
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. It offers TX modules for integration into televisions, audio-visual receivers, media hubs, and USB or HDMI dongles; and speaker systems. The company sells its products directly to original equipment manufacturers. The company was formerly known as Summit Semiconductor, Inc. and changed its name to Summit Wireless Technologies, Inc. in September 2018. Summit Semiconductor, Inc. was founded in 2010 and is headquartered in San Jose, California.
General
| Name | Summit Wireless Technologies, Inc |
| Ticker | WISA |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductors |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 38 |
Highlights
| Analyst Target | 7.83 |
| Market Cap | 35,242,704 |
| PE Ratio | -0.11 |
| EBITDA | -11,072,621 |
Financials
| Curr Year EPS Estimate | -1.03 |
| Next Quarter EPS Estimate | -0.27 |
| Return on Assets | -0.91 |
| Return on Equity | -2.82 |
| Revenue | 2,404,000 |
| Earnings Per Share | -2.47 |
| Revenue Per Share | 0.46 |
| Gross Profit | 427,000 |
| Quarterly Revenue Growth | 1.41 |
Valuation
| Trailing PE | 0.22 |
| Price/Sales (Trailing 12 Mt.) | 7.16 |
| Price/Book (Most Recent Quarter) | 4.12 |
Earnings
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