Wellchange (NASDAQ:WCT) Shares Up 5% – Should You Buy?

Wellchange Holdings Company Limited (NASDAQ:WCT)’s stock price was up 5% on Tuesday . The stock traded as high as $0.21 and last traded at $0.21. Approximately 1,135,019 shares traded hands during trading, a decline of 62% from the average daily volume of 2,959,735 shares. The stock had previously closed at $0.20.

Wellchange Trading Up 5.0%

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average price of $0.21 and a two-hundred day moving average price of $0.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Wellchange stock. Renaissance Technologies LLC acquired a new stake in Wellchange Holdings Company Limited (NASDAQ:WCT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 42,400 shares of the company’s stock, valued at approximately $41,000. Renaissance Technologies LLC owned approximately 0.20% of Wellchange at the end of the most recent reporting period.

Wellchange Company Profile

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.