Wellchange Holdings Co. Ltd (NASDAQ:WCT) shares, rose in value on Wednesday, April 16, with the stock price down by -7.53% to the previous day’s close as strong demand from buyers drove the stock to $0.26.
Actively observing the price movement in the last trading, the stock closed the session at $0.28, falling within a range of $0.2502 and $0.28. Referring to stock’s 52-week performance, its high was $9.36, and the low was $0.12. On the whole, WCT has fluctuated by -34.43% over the past month.
With the market capitalization of Wellchange Holdings Co. Ltd currently standing at about $5.51 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
The stock’s technical analysis shows that the price of WCT currently trading nearly 10.49% and -80.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.09, while the 7-day volatility ratio is showing 23.91% which for the 30-day chart, stands at 30.46%. Furthermore, Wellchange Holdings Co. Ltd (WCT)’s average true range (ATR) is 0.13.
Data on historical trading for Wellchange Holdings Co. Ltd (NASDAQ:WCT) indicates that the trading volumes over the past 10 days have averaged 35.76 and over the past 3 months, they’ve averaged 10.73 million. According to company’s latest data on outstanding shares, there are 21.27 million shares outstanding.
Nearly 83.71% of Wellchange Holdings Co. Ltd’s shares belong to company insiders and institutional investors own 0.51% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.08 million shares as on 2025-03-31, resulting in a short ratio of 0.24. According to the data, the short interest in Wellchange Holdings Co. Ltd (WCT) stood at 731.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.64 million. The stock has fallen by -73.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WCT stock heading into the next quarter.
