Wellchange Holdings Co. Ltd (NASDAQ: WCT) has a higher price-to-earnings ratio of 44.57x compared to its average ratio.
The public float for WCT is 28.46M, and currently, short sellers hold a 1.15% ratio of that float. The average trading volume of WCT on February 04, 2025 was 1.53M shares.
WCT) stock’s latest price update
The stock of Wellchange Holdings Co. Ltd (NASDAQ: WCT) has increased by 1.99 when compared to last closing price of 2.01.Despite this, the company has seen a gain of 2.50% in its stock price over the last five trading days. globenewswire.com reported 2025-01-17 that Hong Kong, Jan. 17, 2025 (GLOBE NEWSWIRE) — Wellchange Holding Company Limited (NASDAQ: WCT) (“Company” or the “Wellchange”), an enterprise software solution services provider headquartered in Hong Kong, today announced the closing of its public offering of 25,000,000 ordinary shares at a public offering price of $0.40 per ordinary share.
WCT’s Market Performance
Wellchange Holdings Co. Ltd (WCT) has seen a 2.50% rise in stock performance for the week, with a 99.03% gain in the past month and a -76.30% plunge in the past quarter. The volatility ratio for the week is 10.95%, and the volatility levels for the past 30 days are at 14.47% for WCT. The simple moving average for the past 20 days is 17.48% for WCT’s stock, with a -44.34% simple moving average for the past 200 days.
WCT Trading at 33.29% from the 50-Day Moving Average
After a stumble in the market that brought WCT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.10% of loss for the given period.
Volatility was left at 14.47%, however, over the last 30 days, the volatility rate increased by 10.95%, as shares surge +46.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.17% lower at present.
During the last 5 trading sessions, WCT rose by +1.80%, in comparison to the 20-day moving average, which settled at $1.74. In addition, Wellchange Holdings Co. Ltd saw 113.52% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WCT
Equity return is now at value 49.60, with 27.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
To put it simply, Wellchange Holdings Co. Ltd (WCT) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
