Posted by Richard Deeson on January 20, 2015

Wi-LAN Inc – US listing (NASDAQ:WILN) has dropped 4.09% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 2.01% in the past 4 weeks. The counter has underperformed the S&P 500 by 2.88% during the past week but Wi-LAN Inc – US listing (NASDAQ:WILN) has outperformed the index in 4 weeks by 4.6%.

WiLan Inc (WILN) plunged 0.65% in the latest trading session. During the course of trading, the stock hit a high of 3.16 before panic struck the counter which continued to slide until it closed at 3.05. The lowest point of the day was 3.05. The previous close of the stock price is 3.07. Till close, the total number of shares traded equaled 17,388. The 52-week low of the share price is 2.86 and the 52-week high is 4.007. At current valuation, the price will have to jump 23.88% to reach the 52-week high. The 30-day simple moving average of the counter is 3.05. The trading currency is in USD.