In the latest session, Wetouch Technology Inc (NASDAQ: WETH) closed at $2.26 down -33.14% from its previous closing price of $3.38. In other words, the price has decreased by -$1.1200 from its previous closing price. On the day, 1169484 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
For a deeper understanding of Wetouch Technology Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.09. For the most recent quarter (mrq), Quick Ratio is recorded 14.80 and its Current Ratio is at 14.88. In the meantime, Its Debt-to-Equity ratio is 0.01 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, WETH now has a Market Capitalization of 27.06M and an Enterprise Value of -65.26M. As of this moment, Wetouch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.20. Its current Enterprise Value per Revenue stands at -1.64 whereas that against EBITDA is -4.47.
Stock Price History:
Over the past 52 weeks, WETH has reached a high of $18.78, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is 4.0600, while the 200-Day Moving Average is calculated to be 4.0600.
Shares Statistics:
For the past three months, WETH has traded an average of 204.11K shares per day and 310.44k over the past ten days. A total of 11.89M shares are outstanding, with a floating share count of 11.85M. Therefore, it implies a Short% of Shares Outstanding of 0.35% and a Short% of Float of 0.35%.
Earnings Estimates
There are 0 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
