Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Wellchange Holdings Co. Ltd’s current trading price is -78.74% away from its 52-week high, while its distance from the 52-week low is 111.70%. The stock’s price range during this period has varied between $0.94 and $9.36. The company, active in the Technology sector, saw a trading volume of around 1.33 million for the day, considerably lower average daily volume of 1.57 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
Wellchange Holdings Co. Ltd (WCT) has experienced a quarterly decline of -76.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 92.07M and boasts a workforce of 7 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How WCT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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
As of today, the raw stochastic average of Wellchange Holdings Co. Ltd over the last 50 days is at 14.77%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 87.29%. Further, the company’s Stochastic %K and %D values for the last 20 days were 85.88% and 85.73%, respectively.
WCT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 107.27%. Over the last 30 days, the price of WCT has fallen by 65.83%. And in the last five days, it has surged by 9.34%.
