Wellchange Holdings Company Limited (NASDAQ:WCT – Get Free Report)’s share price was up 0.9% during trading on Thursday . The stock traded as high as $1.23 and last traded at $1.16. Approximately 73,563 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 223,568 shares. The stock had previously closed at $1.15.
Analyst Ratings Changes
Separately, Weiss Ratings downgraded Wellchange from a “sell (d)” rating to a “sell (e+)” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Wellchange currently has a consensus rating of “Sell”.
Read Our Latest Report on Wellchange
Wellchange Price Performance
Wellchange (NASDAQ:WCT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.62) earnings per share (EPS) for the quarter. The company had revenue of $0.08 million for the quarter.
Hedge Funds Weigh In On Wellchange
A hedge fund recently bought a new position in Wellchange stock. Citadel Advisors LLC purchased a new stake in Wellchange Holdings Company Limited (NASDAQ:WCT – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 89,621 shares of the company’s stock, valued at approximately $32,000. Citadel Advisors LLC owned approximately 0.19% of Wellchange at the end of the most recent reporting period.
Wellchange Company Profile
Wellchange Holdings Company Limited, through its subsidiaries, operates as an enterprise software solution services provider in Hong Kong. The company provides tailor-made software solutions, cloud-based software-as-a-service (SaaS) solutions, and white-labelled software design and development services. The company also operates MR. CLOUD, a cloud-based SaaS enterprise resource planning software platform based on subscription services to support back-office and front-office functions, such as finance and accounting, procurement, manufacturing, inventory management, order management, warehouse management, supply chain management, customer relationship management, professional services automation, project and file management, human resources management, e-commerce, and marketing automation.
Further Reading
- Five stocks we like better than Wellchange
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Wellchange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wellchange and related companies with MarketBeat.com's FREE daily email newsletter.
