Wellchange Holdings Co. Ltd (NASDAQ:WCT) price on Wednesday, February 05, remained unchanged to $2.07.
A look at the stock’s price movement, the close in the last trading session was $2.07, moving within a range at $2.05 and $2.2. The PE ratio in trailing twelve months stood at 45.00. Turning to its 52-week performance, $9.36 and $0.94 were the 52-week high and 52-week low respectively. Overall, WCT moved 48.92% over the past month.
Wellchange Holdings Co. Ltd’s market cap currently stands at around $95.77 million, with investors looking forward to this quarter’s earnings report slated for in March.
WCT’s current price about 16.19% and 36.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.06, while 7-day volatility ratio is 8.16% and 13.17% in the 30-day chart. Further, Wellchange Holdings Co. Ltd (WCT) has a beta value of 0, and an average true range (ATR) of 0.24.
If we refocus on Wellchange Holdings Co. Ltd (NASDAQ:WCT), historical trading data shows that trading volumes averaged 2.52 over the past 10 days and 1.56 million over the past 3 months. The company’s latest data on shares outstanding shows there are 46.27 million shares.
The 83.70% of Wellchange Holdings Co. Ltd’s shares are in the hands of company insiders. Also important is the data on short interest which shows that short shares stood at 0.27 million on 2024-11-29, giving us a short ratio of 0.1. The data shows that as of 2024-11-29 short interest in Wellchange Holdings Co. Ltd (WCT) stood at 779.0 of shares outstanding, with shares short falling to 0.63 million registered in 2024-10-31. Current price change has pushed the stock 115.60% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WCT stock continues to rise going into the next quarter.
