The stock of Wellchange Holdings Co. Ltd (WCT) has seen a -58.07% decrease in the past week, with a -91.12% drop in the past month, and a -80.09% decrease in the past quarter. The volatility ratio for the week is 31.28%, and the volatility levels for the past 30 days are at 42.94% for WCT. The simple moving average for the past 20 days is -86.41% for WCT’s stock, with a -93.22% simple moving average for the past 200 days.
Is It Worth Investing in Wellchange Holdings Co. Ltd (NASDAQ: WCT) Right Now?
Wellchange Holdings Co. Ltd (NASDAQ: WCT) has a price-to-earnings ratio of 4.67x that is above its average ratio.
The public float for WCT is 28.46M and currently, short sellers hold a 12.80% ratio of that float. The average trading volume of WCT on March 25, 2025 was 4.88M shares.
WCT) stock’s latest price update
Wellchange Holdings Co. Ltd (NASDAQ: WCT)’s stock price has decreased by -8.82 compared to its previous closing price of 0.24. However, the company has seen a -58.07% decrease 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 -88.34% 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 -97.70% of loss for the given period.
Volatility was left at 42.94%, however, over the last 30 days, the volatility rate increased by 31.28%, as shares sank -91.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -83.96% lower at present.
During the last 5 trading sessions, WCT fell by -58.07%, in comparison to the 20-day moving average, which settled at $1.5823. In addition, Wellchange Holdings Co. Ltd saw -77.61% 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 conclusion, Wellchange Holdings Co. Ltd (WCT) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
