Wellchange Holdings Co. Ltd (NASDAQ:WCT) currently has a daily average trading volume of 2.42M but it saw 20866132 shares traded in last market. With a market cap of 143.88M USD, the company’s current market price of $3.11 came rising about 9.31 while comparing to the previous closing price of $2.85. 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.
Taking a look at 20-day trading activity of Wellchange Holdings Co. Ltd (WCT) gives us an average price of $2.49, while its current price level is -66.77% below from 52-week high level whereas it is 230.85% 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 $1.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.20% during that period while stretching the period over a month that decreases to 11.12%. 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 71.50 which implies that the stock is in overbought territory.
Over the week, WCT’s stock price is moving 16.92% up while it is 50.24% when we observe its performance for the past one month. Year-to-date it is 223.92% up and over the past year.
The company is expected to be releasing its next quarterly report in April, 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 38.47% of that held by the insiders while 0.25% 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 67.61. Stock has a price to book (P/B) ratio of 25.92 while price to sale or P/S ratio amounts to 59.95. Its return on asset (ROA) is 27.90% on average.
