Investor Confidence Shakens After Wellchange Holdings Co. Ltd (NASDAQ: WCT) Share Prices Gain $0.02

Wellchange Holdings Co. Ltd (NASDAQ:WCT) has seen 1.06 million shares traded in the last trading session. The company, currently valued at $5.90M, closed the last trade at $0.28 per share which meant it gained $0.02 on the day or 7.18% during that session. The WCT stock price is -3242.86% off its 52-week high price of $9.36 and 57.14% above the 52-week low of $0.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 33.94 million shares traded. The 3-month trading volume is 10.66 million shares.

Wellchange Holdings Co. Ltd (NASDAQ:WCT) trade information

Sporting 7.18% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the WCT stock price touched $0.28 or saw a rise of 19.52%. Year-to-date, Wellchange Holdings Co. Ltd shares have moved -71.09%, while the 5-day performance has seen it change -0.86%. Over the past 30 days, the shares of Wellchange Holdings Co. Ltd (NASDAQ:WCT) have changed 6.77%. Short interest in the company has seen 2.08 million shares shorted with days to cover at 0.24.

Wellchange Holdings Co. Ltd (WCT) estimates and forecasts

The company’s shares have lost -96.16% over the past 6 months.

WCT Dividends

Wellchange Holdings Co. Ltd is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Wellchange Holdings Co. Ltd (NASDAQ:WCT)’s Major holders

Insiders own 38.47% of the company shares, while shares held by institutions stand at 0.24% with a share float percentage of 0.40%. Investors are also buoyed by the number of investors in a company, with Wellchange Holdings Co. Ltd having a total of 6.0 institutions that hold shares in the company.