NASDAQ:WETH

Wetouch Technology (WETH) Stock Price, News & Analysis

$2.40
+0.37 (+18.23%)
(As of 04/22/2024 ET)
Today's Range
$2.01
$2.60
50-Day Range
$1.87
$4.90
52-Week Range
$1.62
$18.78
Volume
481,057 shs
Average Volume
208,184 shs
Market Capitalization
$28.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
WETH stock logo

About Wetouch Technology Stock (NASDAQ:WETH)

Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, Germany, and internationally. The company offers various touch panels, including glass-glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; glass-film-film products that are used in GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; plastic-glass for use in GPS/entertainment panels, motor vehicle GPS, smart home products, robots, and charging stations; and glass-films used in industrial HMI. Wetouch Technology Inc. was founded in 2011 and is based in Meishan, China.

WETH Stock Price History

WETH Stock News Headlines

Wetouch Technology (NASDAQ:WETH) Shares Down 3.3%
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Wetouch Technology Inc WETH
Wetouch Technology Inc. Common Stock (WETH)
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Company Calendar

Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
N/A
Current Symbol
NASDAQ:WETH
Fax
N/A
Employees
130
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$40.79 million

Miscellaneous

Free Float
8,914,000
Market Cap
$28.63 million
Optionable
N/A
Beta
-0.18
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Key Executives

  • Mr. Zongyi Lian (Age 58)
    CEO & President
    Comp: $56.89k
  • Ms. Jiaying Cai (Age 28)
    Secretary & Director
  • Mr. Yuhua Huang (Age 49)
    Chief Financial Officer

WETH Stock Analysis - Frequently Asked Questions

How have WETH shares performed in 2024?

Wetouch Technology's stock was trading at $5.10 at the beginning of the year. Since then, WETH shares have decreased by 52.9% and is now trading at $2.40.
View the best growth stocks for 2024 here
.

What guidance has Wetouch Technology issued on next quarter's earnings?

Wetouch Technology issued an update on its FY 2024 earnings guidance on Monday, April, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $56.3 million-$56.3 million.

When did Wetouch Technology IPO?

Wetouch Technology (WETH) raised $18 million in an IPO on Wednesday, February 21st 2024. The company issued 3,000,000 shares at $5.00-$7.00 per share. WestPark Capital, Craft Capital, R.F. Lafferty & Co. and Orientert. served as the underwriters for the IPO.

When did the company's quiet period expire?

Wetouch Technology's quiet period expired on Monday, April 1st. Wetouch Technology had issued 2,160,000 shares in its public offering on February 21st. The total size of the offering was $10,800,000 based on an initial share price of $5.00. During the company's quiet period, insiders and any underwriters involved in the IPO were prevented from issuing any 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 Wetouch Technology?

Shares of WETH 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.
Compare Top Brokerages Here.

This page (NASDAQ:WETH) was last updated on 4/23/2024 by MarketBeat.com Staff

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