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NASDAQ:WETH

Wetouch Technology (WETH) Stock Price, News & Analysis

$1.75
-0.17 (-8.85%)
(As of 05/31/2024 ET)
Today's Range
$1.50
$2.15
50-Day Range
$1.14
$4.05
52-Week Range
$1.13
$18.78
Volume
129,327 shs
Average Volume
154,943 shs
Market Capitalization
$20.88 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, 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 Inc WETH
Wetouch Technology Inc. Common Stock (WETH)
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Company Calendar

Today
6/02/2024
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
$40.79 million

Miscellaneous

Free Float
8,914,000
Market Cap
$20.88 million
Optionable
N/A
Beta
-0.09
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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 2024. Since then, WETH stock has decreased by 65.7% and is now trading at $1.75.
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 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 initial public offering (IPO) on Wednesday, February 21st 2024. The company issued 3,000,000 shares at a price of $5.00-$7.00 per share. WestPark Capital, Craft Capital, R.F. Lafferty & Co. and Orientert. acted as the underwriters for the IPO.

When does Wetouch Technology's lock-up period expire?

Wetouch Technology's lock-up period expires on Monday, August 19th. 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. After the end of Wetouch Technology's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Wetouch Technology's major shareholders?

Wetouch Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include Murchinson Ltd. (0.25%).

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 6/2/2024 by MarketBeat.com Staff

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