Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Wellchange Holdings Co. Ltd’s current trading price is -94.52% away from its 52-week high, while its distance from the 52-week low is 19.20%. The stock’s price range over this period has fluctuated between $0.43 and $9.36. The company, operating within the financial sector, had a trading volume of approximately 2.2 million for the day, which was noticeably lower than the average daily share volume of 4.37 million over the last 3 months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wellchange Holdings Co. Ltd (WCT) has experienced a quarterly decline of -62.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.72M and boasts a workforce of 7 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.9923, with a change in price of -7.1873. Similarly, Wellchange Holdings Co. Ltd recorded 3,387,411 in trading volume during the last 100 days, posting a change of -93.34%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared 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
Today’s raw stochastic average for Wellchange Holdings Co. Ltd over the last 50 days is 2.49%.This indicates a increase from the raw stochastic average of the past 20 days, which was 2.49%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 3.02% and 3.21%, respectively.
WCT Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -46.60%. Over the last 30 days, the price of WCT has leaped by -76.15%. And in the last five days, it has fallen by -79.57%.
