Wetouch Technology (NASDAQ:WETH) Shares Down 3.3%

Wetouch Technology Inc. (NASDAQ:WETH)’s share price traded down 3.3% during mid-day trading on Monday . The company traded as low as $1.70 and last traded at $2.01. 1,018,193 shares traded hands during mid-day trading, an increase of 392% from the average session volume of 207,092 shares. The stock had previously closed at $2.08.

Wetouch Technology Price Performance

The business’s fifty day moving average is $3.83 and its 200-day moving average is $6.62.

Wetouch Technology Company Profile

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.