Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Wellchange Holdings Co. Ltd (NASDAQ: WCT) was $0.21 for the day, down -1.10% from the previous closing price of $0.21. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 0.57 million shares were traded. WCT stock price reached its highest trading level at $0.2088 during the session, while it also had its lowest trading level at $0.2011.
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 10972590 and an Enterprise Value of 10142408. Its current Enterprise Value per Revenue stands at 4.392 whereas that against EBITDA is -24.377.
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 $0.12. The 50-Day Moving Average of the stock is -0.60%, while the 200-Day Moving Average is calculated to be -76.51%.
Shares Statistics:
WCT traded an average of 1.28M shares per day over the past three months and 350870 shares per day over the past ten days. A total of 21.27M shares are outstanding, with a floating share count of 8.68M. Insiders hold about 83.71% of the company’s shares, while institutions hold 0.44% stake in the company. Shares short for WCT as of 1755216000 were 443702 with a Short Ratio of 0.35, compared to 1752537600 on 126666. Therefore, it implies a Short% of Shares Outstanding of 443702 and a Short% of Float of 1.25.
