Wellchange Holdings Co. Ltd (NASDAQ: WCT): Retirees Don’t Worry About Volatility

Wellchange Holdings Co. Ltd (NASDAQ:WCT) currently has a daily average trading volume of 1.57M but it saw 3001110 shares traded in last market. With a market cap of 94.38M USD, the company’s current market price of $2.04 came rising about 2.00 while comparing to the previous closing price of $2.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.36 and as low as $0.94. In the recent trading on the day, stock has struck highest price mark of $1.82 while lowest mark touched by it was $2.04.

Taking a look at 20-day trading activity of Wellchange Holdings Co. Ltd (WCT) gives us an average price of $1.57, while its current price level is -78.21% below from 52-week high level whereas it is 117.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.95% during that period while stretching the period over a month that increases to 15.45%. 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 60.88 which implies that the stock is in neutral territory.

Over the week, WCT’s stock price is moving 12.09% up while it is 70.00% when we observe its performance for the past one month. Year-to-date it is 112.48% up and over the past year.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Wellchange Holdings Co. Ltd’s total number of outstanding shares is 46.27M 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 49.60%. It has a price to earnings ratio (P/E ratio) of 44.35. Stock has a price to book (P/B) ratio of 17.00 while price to sale or P/S ratio amounts to 39.33. Its return on asset (ROA) is 27.90% on average.