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NASDAQ:WETH

Wetouch Technology (WETH) Stock Price, News & Analysis

$2.22
-0.09 (-3.90%)
(As of 07/19/2024 ET)
Today's Range
$2.18
$2.35
50-Day Range
$1.14
$3.20
52-Week Range
$1.13
$18.78
Volume
53,375 shs
Average Volume
101,041 shs
Market Capitalization
$26.48 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 (NASDAQ:WETH) Trading Up 4.8%
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Company Calendar

Last Earnings
6/14/2024
Today
7/21/2024
Next Earnings (Estimated)
8/20/2024
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
$26.48 million
Optionable
N/A
Beta
-0.15
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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 this year?

Wetouch Technology's stock was trading at $5.10 at the beginning of 2024. Since then, WETH shares have decreased by 56.5% and is now trading at $2.22.
View the best growth stocks for 2024 here
.

How were Wetouch Technology's earnings last quarter?

Wetouch Technology Inc. (NASDAQ:WETH) announced its earnings results on Friday, June, 14th. The company reported $0.04 earnings per share (EPS) for the quarter. The company earned $14.88 million during the quarter.

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 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 the company'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 expiration of the company's lock-up period, major shareholders and company insiders will be able to sell their shares of 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 7/21/2024 by MarketBeat.com Staff

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