Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Wellchange Holdings Co. Ltd (NASDAQ: WCT) was $0.16 for the day, down -6.49% from the previous closing price of $0.17. In other words, the price has decreased by -$6.49 from its previous closing price. On the day, 0.67 million shares were traded. WCT stock price reached its highest trading level at $0.1799 during the session, while it also had its lowest trading level at $0.159.
Ratios:
Our analysis of WCT’s different ratios will help us gain a deeper understanding of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WCT now has a Market Capitalization of 23242400 and an Enterprise Value of 8665009. Its current Enterprise Value per Revenue stands at 3.543 whereas that against EBITDA is -2.094.
Stock Price History:
The Beta on a monthly basis for WCT is 4.11, which has changed by -0.8848921 over the last 52 weeks, in comparison to a change of 0.15196204 over the same period for the S&P500. Over the past 52 weeks, WCT has reached a high of $3.75, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -32.25%, while the 200-Day Moving Average is calculated to be -35.97%.
Shares Statistics:
WCT traded an average of 255.45K shares per day over the past three months and 262290 shares per day over the past ten days. A total of 145.26M shares are outstanding, with a floating share count of 42.47M. Insiders hold about 70.77% of the company’s shares, while institutions hold 0.08% stake in the company. Shares short for WCT as of 1765756800 were 32195 with a Short Ratio of 0.13, compared to 1763078400 on 97533. Therefore, it implies a Short% of Shares Outstanding of 32195 and a Short% of Float of 0.029999999000000003.
