Wellchange Holdings Co. Ltd (NASDAQ:WCT) price on Thursday, March 20, fall -0.04% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.26.
A look at the stock’s price movement, the close in the last trading session was $0.26, moving within a range at $0.2432 and $0.2753. The PE ratio in trailing twelve months stood at 5.65. Turning to its 52-week performance, $9.36 and $0.22 were the 52-week high and 52-week low respectively. Overall, WCT moved -88.99% over the past month.
Wellchange Holdings Co. Ltd’s market cap currently stands at around $12.02 million, with investors looking forward to this quarter’s earnings report slated for in April.
WCT’s current price about -85.63% and -86.23% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 24.15, while 7-day volatility ratio is 32.52% and 42.65% in the 30-day chart. Further, Wellchange Holdings Co. Ltd (WCT) has a beta value of 0, and an average true range (ATR) of 0.32.
If we refocus on Wellchange Holdings Co. Ltd (NASDAQ:WCT), historical trading data shows that trading volumes averaged 12.92 over the past 10 days and 4.83 million over the past 3 months. The company’s latest data on shares outstanding shows there are 46.27 million shares.
The 38.50% of Wellchange Holdings Co. Ltd’s shares are in the hands of company insiders while institutional holders own 0.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.64 million on 2025-02-28, giving us a short ratio of 0.91. The data shows that as of 2025-02-28 short interest in Wellchange Holdings Co. Ltd (WCT) stood at 1280.0 of shares outstanding, with shares short rising to 0.74 million registered in 2025-01-31. Current price change has pushed the stock -72.93% 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.
