Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 88.52% this year. The price of WCT fallen by 85.19% during the last 30 days period. For the last 5-days stocks have improved 18.30%.
52-week price history of WCT Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Wellchange Holdings Co. Ltd’s current trading price is -80.66% away from its 52-week high, while its distance from the 52-week low is 92.55%. The stock’s price range during this time has been between $0.94 and $9.36. The trading volume for the Technology sector company’s shares reached about 1.09 million for the day, which was lower than the average daily volume of 1.41 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Wellchange Holdings Co. Ltd (WCT) has experienced a quarterly decline of -76.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.49M and boasts a workforce of 7 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
WCT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WCT stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.00.
WCT Stock Stochastic Average
Today’s raw stochastic average for Wellchange Holdings Co. Ltd over the last 50 days is 10.39%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 88.27%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 88.61% and 87.70%, respectively.
