Shares of Wellchange Holdings Company Limited (NASDAQ:WCT – Free Report) are going to reverse split on Monday, November 9th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 8th.
Wellchange Trading Down 8.9%
WCT traded down $0.02 during mid-day trading on Thursday, hitting $0.24. The stock had a trading volume of 111,162 shares, compared to its average volume of 218,426. The stock’s fifty day simple moving average is $3.73 and its 200-day simple moving average is $11.72. Wellchange has a 1-year low of $0.23 and a 1-year high of $67.50.
Wall Street Analyst Weigh In
A number of research firms recently commented on WCT. Wall Street Zen upgraded shares of Wellchange from a “sell” rating to a “hold” rating in a research report on Monday, October 19th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Wellchange in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on Wellchange
Wellchange Company Profile
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