Wellchange Holdings Co. Ltd (NASDAQ: WCT) is 94.77% higher on its value in year-to-date trading and has touched a low of $0.94 and a high of $9.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WCT stock was last observed hovering at around $2.04 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $1.87, the stock is 15.97% and 14.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing -8.33% at the moment leaves the stock -50.05% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $1.67654 and a 200-day simple moving average (SMA200) of $3.767247.
The stock witnessed a 69.23% in the last 1 month and extending the period to 3 months gives it a -76.24%, and is 5.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.11% over the week and 15.04% over the month.
Wellchange Holdings Co. Ltd (WCT) has around 7 employees, a market worth around $86.52M and $2.40M in sales. Current P/E ratio is 40.65. Profit margin for the company is 39.00%. Distance from 52-week low is 98.94% and -80.02% from its 52-week high. The company has generated returns on investments over the last 12 months (36.90%).
The EPS is expected to grow by 20.50% this year
The shares outstanding are 46.27M, and float is at 28.46M with Short Float at 1.15%.
