Wellchange Holdings Co. Ltd (NASDAQ: WCT) has experienced a decline in its stock price by -6.37 compared to its previous closing price of 0.24. However, the company has seen a fall of -9.00% in its stock price over the last five trading days. globenewswire.com reported 2025-04-30 that New York, April 30, 2025 (GLOBE NEWSWIRE) — Wellchange Holdings Company Limited (NASDAQ: WCT) (“Wellchange Holdings Company” or the “Company”) is an enterprise software solution services provider headquartered in Hong Kong with diversified expansion strategies, today announced that it has received a notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) on April 28, 2025, indicating that the Company is not in compliance with Nasdaq’s minimum bid price requirement.
Is It Worth Investing in Wellchange Holdings Co. Ltd (NASDAQ: WCT) Right Now?
The public float for WCT is 3.46M, and currently, shorts hold a 72.59% of that float. The average trading volume for WCT on May 02, 2025 was 10.37M shares.
WCT’s Market Performance
WCT stock saw an increase of -9.00% in the past week, with a monthly gain of 24.11% and a quarterly increase of -88.05%. The volatility ratio for the week is 6.77%, and the volatility levels for the last 30 days are 26.44% for Wellchange Holdings Co. Ltd (WCT). The simple moving average for the past 20 days is -13.61% for WCT’s stock, with a -91.49% simple moving average for the past 200 days.
WCT Trading at -75.45% 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 -97.61% of loss for the given period.
Volatility was left at 26.44%, however, over the last 30 days, the volatility rate increased by 6.77%, as shares surge +40.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -90.53% lower at present.
During the last 5 trading sessions, WCT fell by -9.00%, in comparison to the 20-day moving average, which settled at $0.2584. In addition, Wellchange Holdings Co. Ltd saw -76.73% in overturn over a single year, with a tendency to cut further losses.
Conclusion
In conclusion, Wellchange Holdings Co. Ltd (WCT) 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.
