Wellchange Holdings Co. Ltd (NASDAQ:WCT) does about 4.88M shares in volume on a normal day but saw 2396220 shares change hands in the recent trading day. The company now has a market cap of 9.95M USD. Its current market price is $0.22, marking a decrease of -8.82% compared to the previous close of $0.24. The 52 week high reached by this stock is $9.36 whilst the lowest price level in 52 weeks is $0.22.
Wellchange Holdings Co. Ltd (WCT) has a 20-day trading average at $1.5823 and the current price is -97.70% off the 52-week high compared with -2.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.8437. If we look at the stock’s price movements over the week, volatility stands at 31.28%, which increases to 42.94% 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 23.70 to suggest the stock is oversold.
The current price level is -86.41%, -88.34%, and -93.22% away from its SMA20, SMA50, and SMA200 respectively, with the WCT price moving above the 50-day SMA on current market day. Wellchange Holdings Co. Ltd (WCT) stock is down -58.07% over the week and -91.12% over the past month. Its price is -77.61% 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 4.67. Price to book ratio is 1.79 and price to sales ratio is 4.14.
