The stock of Wellchange Holdings Co. Ltd (WCT) has seen a -46.10% decrease in the past week, with a -82.33% drop in the past month, and a -68.93% decrease in the past quarter. The volatility ratio for the week is 118.43%, and the volatility levels for the past 30 days are at 38.16% for WCT. The simple moving average for the last 20 days is -80.94% for WCT stock, with a simple moving average of -88.24% for the last 200 days.
Is It Worth Investing in Wellchange Holdings Co. Ltd (NASDAQ: WCT) Right Now?
The price-to-earnings ratio for Wellchange Holdings Co. Ltd (NASDAQ: WCT) is above average at 8.38x.
The public float for WCT is 28.46M, and at present, short sellers hold a 12.80% of that float. The average trading volume of WCT on March 18, 2025 was 4.48M shares.
WCT) stock’s latest price update
The stock price of Wellchange Holdings Co. Ltd (NASDAQ: WCT) has plunged by -24.85 when compared to previous closing price of 0.51, but the company has seen a -46.10% decline in its stock price over the last five trading sessions. 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 Trading at -80.06% 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 -95.88% of loss for the given period.
Volatility was left at 38.16%, however, over the last 30 days, the volatility rate increased by 118.43%, as shares sank -84.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -63.40% lower at present.
During the last 5 trading sessions, WCT fell by -47.26%, in comparison to the 20-day moving average, which settled at $2.0208. In addition, Wellchange Holdings Co. Ltd saw -59.87% in overturn over a single year, with a tendency to cut further losses.
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
In summary, Wellchange Holdings Co. Ltd (WCT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
