Wellchange (WCT) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers mobile application, web development, and desktop software development services. It serves small and medium-sized businesses and corporate customers. The company was founded in 2011 and is based in Cheung Sha Wan, Hong Kong. Wellchange Holdings Company Limited operates as a subsidiary of Power Smart International Limited.

Key Stats

• Today's Range: $0.98 to $1.05
• 50-Day Range: $0.98 to $8.99
• 52-Week Range: $0.94 to $9.36
• Volume: 88,844 shs
• Average Volume: 1.73 million shs
• Market Capitalization: $21.94 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

WCT Stock Analysis - Frequently Asked Questions

How have WCT shares performed this year?

Wellchange's stock was trading at $3.82 at the start of the year. Since then, WCT stock has decreased by 72.8% and is now trading at $1.04.
View the best growth stocks for 2024 here.

When did Wellchange IPO?

Wellchange (WCT) raised $9 million in an initial public offering on Wednesday, October 2nd 2024. The company issued 2,000,000 shares at a price of $4.00-$5.00 per share. Dominari and Revere Securities served as the underwriters for the IPO.

When did Wellchange's quiet period expire?

Wellchange's quiet period expired on Monday, November 11th. Wellchange had issued 2,000,000 shares in its IPO on October 2nd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Wellchange's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Wellchange?

Shares of WCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Wellchange own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wellchange investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Commvault Systems (CVLT), Revolution Medicines (RVMD), Sarcos Technology and Robotics (STRC), Tesla (TSLA) and Airbnb (ABNB).

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NASDAQ:WCT
• Previous Symbol: NASDAQ:WCT
• CUSIP: N/A
• CIK: 1990251
• Web: www.wchingtech.com
• Phone: 852-9171-0926
• Fax: N/A
• Employees: 7
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $2.49 million
• Price / Sales: 8.81
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 21,100,000
• Free Float: N/A
• Market Cap: $21.94 million
• Optionable: N/A
• Beta: N/A