NASDAQ:WETH

Wetouch Technology (WETH) Stock Price, News & Analysis

$2.37
-0.35 (-12.87%)
(As of 04/24/2024 ET)
Today's Range
$2.24
$2.78
50-Day Range
$1.87
$4.90
52-Week Range
$1.62
$18.78
Volume
182,472 shs
Average Volume
207,041 shs
Market Capitalization
$28.28 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%
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Wetouch Technology Inc WETH
Wetouch Technology Inc. Common Stock (WETH)
See More Headlines
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Company Calendar

Today
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
N/A
Current Symbol
NASDAQ:WETH
Previous Symbol
NASDAQ:WETH
Fax
N/A
Employees
131
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$39.71 million

Miscellaneous

Free Float
8,914,000
Market Cap
$28.28 million
Optionable
N/A
Beta
-0.18
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Key Executives

  • Mr. Zongyi Lian (Age 58)
    CEO & President
    Comp: $20.34k
  • Mr. Yuhua Huang (Age 49)
    Chief Financial Officer
    Comp: $18.64k
  • Ms. Jiaying Cai (Age 28)
    Secretary & Director
    Comp: $16.95k

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 53.5% and is now trading at $2.37.
View the best growth stocks for 2024 here
.

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

Wetouch Technology updated its FY 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share 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 Wetouch Technology's quiet period expire?

Wetouch Technology's quiet period expired on Monday, April 1st. Wetouch Technology had issued 2,160,000 shares in its IPO on February 21st. The total size of the offering was $10,800,000 based on an initial share price of $5.00. During Wetouch Technology's quiet period, insiders and any underwriters that worked on the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. 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 4/25/2024 by MarketBeat.com Staff

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