Is This Stock a Screaming Buy: Wi-Lan Inc. (NASDAQ:WILN)

Equity Research firms currently have a positive stance on shares of Wi-Lan Inc. (NASDAQ:WILN). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $3.27 on a short term basis.

At the time of writing, the stock was trading at $1.51. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is 15.15%. The monthly stock performance comes in at -10.59%. For the quarter, shares are performing at -39.20%. Weekly performance analysis shows the equity at -3.18%.

In taking a look at technical levels, shares are trading -10.11% away from the 50 day simple moving average and -22.93% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -50.33% away from it’s 52- week high and 62.35% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Wi-Lan Inc.’s RSI stands at 38.24. In looking at volatility levels, the shares saw weekly volatility of 3.41% and 5.19% over the past month.

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