The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Wellchange Holdings Co. Ltd’s stock clocked out at $0.24, up 2.43% from its previous closing price of $0.23. In other words, the price has increased by $2.43 from its previous closing price. On the day, 72804.0 shares were traded. WCT stock price reached its highest trading level at $0.2578 during the session, while it also had its lowest trading level at $0.24.
Ratios:
To gain a deeper understanding of WCT’s stock, we examine its different ratios.
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 36890884 and an Enterprise Value of 12802094. Its current Enterprise Value per Revenue stands at 5.235 whereas that against EBITDA is -3.094.
Stock Price History:
The Beta on a monthly basis for WCT is 3.95, which has changed by -0.87433153 over the last 52 weeks, in comparison to a change of 0.12159383 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 -20.28%, while the 200-Day Moving Average is calculated to be -48.84%.
Shares Statistics:
It appears that WCT traded 1.16M shares on average per day over the past three months and 106010 shares per day over the past ten days. A total of 21.27M shares are outstanding, with a floating share count of 15.57M. Insiders hold about 70.77% of the company’s shares, while institutions hold 0.22% stake in the company. Shares short for WCT as of 1763078400 were 97533 with a Short Ratio of 0.08, compared to 1760486400 on 280997. Therefore, it implies a Short% of Shares Outstanding of 97533 and a Short% of Float of 0.06999999999999999.
