Wellchange Holdings Co. Ltd (NASDAQ: WCT) is -25.55% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WCT stock was last observed hovering at around $2.51 in the last trading session, with the day’s loss setting it -1.8%.
Currently trading at $0.71, the stock is -71.03% and -64.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.42 million and changing -71.52% at the moment leaves the stock -79.00% off its SMA200.
The stock witnessed a -66.44% in the last 1 month and extending the period to 3 months gives it a -47.05%, and is -72.61% down 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 115.48% over the week and 35.15% over the month.
Wellchange Holdings Co. Ltd (WCT) has around 7 employees, a market worth around $33.07M and $2.40M in sales. Current P/E ratio is 15.54. Profit margin for the company is 39.00%. Distance from 52-week low is -23.96% and -92.36% 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.
Wellchange Holdings Co. Ltd (WCT) Top Institutional Holders
The shares outstanding are 46.27M, and float is at 28.46M with Short Float at 6.34%.
Wellchange Holdings Co. Ltd (WCT) Insider Activity
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