Wellchange Holdings Co. Ltd (NASDAQ:WCT) currently has a daily average trading volume of 1.43M but it saw 2315720 shares traded in last market. With a market cap of 26.58M USD, the company’s current market price of $1.25 came falling about -62.35 while comparing to the previous closing price of $3.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.36 and as low as $2.41. In the recent trading on the day, stock has struck highest price mark of $0.94 while lowest mark touched by it was $3.26.
Taking a look at 20-day trading activity of Wellchange Holdings Co. Ltd (WCT) gives us an average price of $6.76, while its current price level is -86.65% below from 52-week high level whereas it is -48.13% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 85.83% during that period while stretching the period over a month that decreases to 39.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.44 which implies that the stock is in oversold territory.
Over the week, WCT’s stock price is moving -69.88% down while it is -84.62% when we observe its performance for the past one month. Year-to-date it is -69.59% down and over the past year.
Currently, Wellchange Holdings Co. Ltd’s total number of outstanding shares is 21.27M with 83.71% of that held by the insiders while 0.00% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 36.90% and return on equity (ROE) at 66.80%. It has a price to earnings ratio (P/E ratio) of 26.60. Stock has a price to book (P/B) ratio of 12.50 while price to sale or P/S ratio amounts to 10.63. Its return on asset (ROA) is 33.40% on average.
