Wellchange Holdings Company Limited (NASDAQ:WCT – Free Report)’s stock is going to reverse split on the morning of Tuesday, September 8th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, September 7th.
Wellchange Price Performance
Shares of WCT opened at $1.37 on Friday. Wellchange has a 52-week low of $0.38 and a 52-week high of $25.00. The stock’s 50-day simple moving average is $1.00 and its 200 day simple moving average is $2.21.
Wellchange (NASDAQ:WCT – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported ($0.62) EPS for the quarter. The business had revenue of $0.08 million during the quarter.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on WCT
Institutional Investors Weigh In On Wellchange
An institutional investor recently bought a new stake in Wellchange stock. Citadel Advisors LLC acquired a new stake in shares of Wellchange Holdings Company Limited (NASDAQ:WCT – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 89,621 shares of the company’s stock, valued at approximately $32,000. Citadel Advisors LLC owned 0.19% of Wellchange as of its most recent filing with the Securities and Exchange Commission (SEC).
About Wellchange
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.
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