Wellchange Holdings Co. Ltd (NASDAQ:WCT) currently has a daily average trading volume of 4.56M but it saw 14499985 shares traded in last market. With a market cap of 12.03M USD, the company’s current market price of $0.26 came falling about -34.18 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.36 and as low as $0.33. In the recent trading on the day, stock has struck highest price mark of $0.2219 while lowest mark touched by it was $0.3601.
Taking a look at 20-day trading activity of Wellchange Holdings Co. Ltd (WCT) gives us an average price of $1.9167, while its current price level is -97.22% below from 52-week high level whereas it is -20.83% 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 $1.9101. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.95% during that period while stretching the period over a month that increases to 42.45%. 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 24.15 which implies that the stock is in oversold territory.
Over the week, WCT’s stock price is moving -43.36% down while it is -89.47% when we observe its performance for the past one month. Year-to-date it is -72.92% down 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 5.65. Stock has a price to book (P/B) ratio of 2.17 while price to sale or P/S ratio amounts to 5.01. Its return on asset (ROA) is 27.90% on average.
