Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $2.20 in the prior trading day, Wellchange Holdings Co. Ltd (NASDAQ: WCT) closed at $2.29, up 4.09%. In other words, the price has increased by $4.09 from its previous closing price. On the day, 6.1 million shares were traded. WCT stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $2.13.
Ratios:
Our goal is to gain a better understanding of WCT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 105946848 and an Enterprise Value of 20968616. As of this moment, Wellchange’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 44.14 while its Price-to-Book (P/B) ratio in mrq is 19.08. Its current Enterprise Value per Revenue stands at 8.421 whereas that against EBITDA is 17.134.
Stock Price History:
Over the past 52 weeks, WCT has reached a high of $9.36, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is 48.17%, while the 200-Day Moving Average is calculated to be -36.37%.
Shares Statistics:
The stock has traded on average 1.79M shares per day over the past 3-months and 2885740 shares per day over the last 10 days, according to various share statistics. A total of 46.27M shares are outstanding, with a floating share count of 28.46M. Shares short for WCT as of 1732838400 were 269776 with a Short Ratio of 0.18, compared to 1730332800 on 633983. Therefore, it implies a Short% of Shares Outstanding of 269776 and a Short% of Float of 7.79.
