As on Thursday, Wetouch Technology Inc (NASDAQ: WETH) started slowly as it slid -17.47% to $1.63, before settling in for the price of $1.98 at the close. Taking a more long-term approach, WETH posted a 52-week range of $1.13-$8.20.
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The Real Estate sector firm’s twelve-monthly sales growth has been 1.54% for the last half of the decade. This publicly-traded company’s shares outstanding now amounts to $11.93 million, simultaneously with a float of $11.89 million. The organization now has a market capitalization sitting at $19.45 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6778, while the 200-day Moving Average is $1.8823.
Wetouch Technology Inc (WETH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Real Estate Services industry. Wetouch Technology Inc’s current insider ownership accounts for 0.35%, in contrast to 0.31% institutional ownership.
Wetouch Technology Inc (WETH) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Wetouch Technology Inc (NASDAQ: WETH) Trading Performance Indicators
Let’s observe the current performance indicators for Wetouch Technology Inc (WETH). It’s Quick Ratio in the last reported quarter now stands at 34.60. The Stock has managed to achieve an average true range (ATR) of 0.16. Alongside those numbers, its PE Ratio stands at $5.87, and its Beta score is -0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.47. Similarly, its price to free cash flow for trailing twelve months is now 38.89.
In the same vein, WETH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.28.
Technical Analysis of Wetouch Technology Inc (WETH)
Through scrutinizing the latest numbers posted by the [Wetouch Technology Inc, WETH], it can be observed that its last 5-days Average volume of 0.5 million was better the volume of 0.46 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 71.44% While, its Average True Range was 0.1692.
Raw Stochastic average of Wetouch Technology Inc (WETH) in the period of the previous 100 days is set at 13.64%, which indicates a major fall in contrast to 28.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 114.49% that was higher than 102.33% volatility it exhibited in the past 100-days period.
