Wellchange Holdings Co. Ltd (NASDAQ:WCT) does about 2.97M shares in volume on a normal day but saw 13548155 shares change hands in the recent trading day. The company now has a market cap of 116.13M USD. Its current market price is $2.51, marking a decrease of -10.36% compared to the previous close of $2.80. The 52 week high reached by this stock is $9.36 whilst the lowest price level in 52 weeks is $0.94.
Wellchange Holdings Co. Ltd (WCT) has a 20-day trading average at $2.54 and the current price is -73.18% off the 52-week high compared with 167.02% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.00. If we look at the stock’s price movements over the week, volatility stands at 17.97%, which decreases to 11.64% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.45 to suggest the stock is neutral.
The current price level is -1.23%, 25.81%, and -26.78% away from its SMA20, SMA50, and SMA200 respectively, with the WCT price moving below the 50-day SMA on current market day. Wellchange Holdings Co. Ltd (WCT) stock is down -7.72% over the week and 17.29% over the past month. Its price is 161.43% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 46.27M with insiders holding 38.47% of the shares and institutional holders owning 0.25% of the company’s common stock. The company has a return on investment of 36.90% and return on equity of 49.60%. The price to earnings ratio (P/E ratio) amounts to 54.57. Price to book ratio is 20.92 and price to sales ratio is 48.39.
