The stock of Wetouch Technology Inc (WETH) has seen a 8.03% increase in the past week, with a -1.33% drop in the past month, and a -4.52% decrease in the past quarter. The volatility ratio for the week is 5.23%, and the volatility levels for the past 30 days are at 7.59% for WETH. The simple moving average for the last 20 days is 5.23% for WETH stock, with a simple moving average of -17.52% for the last 200 days.
Is It Worth Investing in Wetouch Technology Inc (NASDAQ: WETH) Right Now?
Wetouch Technology Inc (NASDAQ: WETH) has a higher price-to-earnings ratio of 5.33x compared to its average ratio, The 36-month beta value for WETH is at -0.35. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for WETH is 11.89M, and currently, shorts hold a 0.51% of that float. The average trading volume for WETH on March 27, 2025 was 254.09K shares.
WETH) stock’s latest price update
Wetouch Technology Inc (NASDAQ: WETH)’s stock price has increased by 2.64 compared to its previous closing price of 1.44. However, the company has seen a 8.03% increase in its stock price over the last five trading sessions. accessnewswire.com reported 2025-03-25 that CHENGDU, CHINA / ACCESS Newswire / March 25, 2025 / WeTouch Technology Inc. (NASDAQ:WETH), a global leader in high-quality touch display solutions, today announced the release of a new corporate video and the launch of its redesigned corporate website, wetouchtech.com. These initiatives underscore the company’s commitment to fostering better communication and transparency with its U.S. shareholders.
WETH Trading at -1.06% from the 50-Day Moving Average
After a stumble in the market that brought WETH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.12% of loss for the given period.
Volatility was left at 7.59%, however, over the last 30 days, the volatility rate increased by 5.23%. Over the last 50 days, in opposition, the stock is trading -18.01% lower at present.
During the last 5 trading sessions, WETH rose by +8.03%, which changed the moving average for the period of 200-days by -17.32% in comparison to the 20-day moving average, which settled at $1.4064. In addition, Wetouch Technology Inc saw -16.38% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WETH
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.31 for the gross margin
The net margin for Wetouch Technology Inc stands at 0.09. The total capital return value is set at -0.0. Equity return is now at value 3.20, with 3.06 for asset returns.
Currently, EBITDA for the company is 12.66 million with net debt to EBITDA at -13.95. When we switch over and look at the enterprise to sales, we see a ratio of -2.17. The receivables turnover for the company is 4.2for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 34.75.
Conclusion
In conclusion, Wetouch Technology Inc (WETH) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
