Wellchange Holdings Co. Ltd (NASDAQ: WCT) is -46.60% lower on its value in year-to-date trading and has touched a low of $0.43 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 $0.55 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.51, the stock is -75.88% and -73.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing -6.78% at the moment leaves the stock -84.47% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $1.9454 and a 200-day simple moving average (SMA200) of $3.3008585.
The stock witnessed a -76.15% in the last 1 month and extending the period to 3 months gives it a -62.02%, and is -79.57% 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 118.43% over the week and 38.16% over the month.
Wellchange Holdings Co. Ltd (WCT) has around 7 employees, a market worth around $23.72M and $2.40M in sales. Current P/E ratio is 11.15. Profit margin for the company is 39.00%. Distance from 52-week low is 19.20% and -94.52% 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
6.0 institutions hold shares in Wellchange Holdings Co. Ltd (WCT), with institutional investors hold 0.40% of the company’s shares. The shares outstanding are 46.27M, and float is at 28.46M with Short Float at 12.80%. Institutions hold 0.24% of the Float.
Wellchange Holdings Co. Ltd (WCT) Insider Activity
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