Wellchange Holdings Co. Ltd (NASDAQ:WCT) traded at $2.00 at close of the session on Tuesday, January 28 and made an upward move of 4.71% on its previous day’s price.
Looking at the stock we see that its previous close was $1.91 with the day’s price range being $1.78 – $2.07. The company has a trailing 12-month PE ratio of 43.48. In terms of its 52-week price range, WCT has a high of $9.36 and a low of $0.94. The company’s stock has gained about 98.02% over that past 30 days.
Wellchange Holdings Co. Ltd has a market cap of $92.53 million and is expected to release its quarterly earnings report in February.
Looking further, we note the current price level is 31.49% off its SMA20 and 11.50% from its 50-day simple moving average. The RSI (14) is pointing at 59.72 while the volatility over the past week is 13.55% and jumps to 16.75% over the past one month.
Coming back to Wellchange Holdings Co. Ltd (NASDAQ:WCT), we note that the average 3-month trading volume was 1.55 million, while that of the preceding 10-day period stands at 2.38 million. Current shares outstanding are 46.27 million.
The insiders hold 83.70% of the company’s shares. The data shows that short shares as of 2024-11-29, stood at 0.27 million at a short ratio of 0.1. This represents a 779.00 short interest in shares outstanding on 2024-11-29. Shares short fall in November from the previous month at 0.63 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 108.31% up in year-to-date price movement.
