WISA - Quarter Update In 16 Days - HIGH RISK HIGH REWARD

A leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, announced management will hold a call to provide a business update including its second-quarter results and growth prospects

Summit Wireless Technologies Inc., formerly Summit Semiconductor, Inc. is an early-stage company that develops and sells wireless audio integrated circuits for home entertainment and professional audio markets. The Company develops and provides semiconductors and wireless audio modules to consumer electronics companies, which transmits and receives audio directly to speakers. Its technologies focus on providing wireless, interference free and uncompressed high-definition audio signals. Its subsidiaries include Summit Semiconductor, Inc., Summit Semiconductor K.K., and WiSA, LLC.

Average Recommendation: BUY

Average Target Price: 4.00

P/E Current
-0.11

P/E Ratio (with extraordinary items)
-0.29

SHORT INTEREST
72.01K 07/15/19

This is a very risky trade, we recommend waiting on this one, maybe set alerts for close to the time of announcements. Clear direction in chart movement is required with tight-stops.