Wetouch Technology (WETH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.51 to $1.76
• 50-Day Range: $1.50 to $2.57
• 52-Week Range: $1.13 to $9.48
• Volume: 215,350 shs
• Average Volume: 195,228 shs
• Market Capitalization: $20.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

WETH Stock Analysis - Frequently Asked Questions

How have WETH shares performed this year?

Wetouch Technology's stock was trading at $5.10 at the start of the year. Since then, WETH shares have decreased by 66.7% and is now trading at $1.70.
View the best growth stocks for 2024 here.

How were Wetouch Technology's earnings last quarter?

Wetouch Technology Inc. (NASDAQ:WETH) posted its quarterly earnings results on Tuesday, August, 20th. The company reported $0.23 earnings per share for the quarter. The business had revenue of $12.24 million for the quarter.

When did Wetouch Technology IPO?

Wetouch Technology (WETH) raised $18 million in an initial public offering 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. acted as the underwriters for the IPO.

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.
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What other stocks do shareholders of Wetouch Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wetouch Technology investors own include AST SpaceMobile (ASTS), Advanced Micro Devices (AMD), Dell Technologies (DELL), Tempus AI (TEM), Genius Sports (GENI), Intel (INTC) and Luminar Technologies (LAZR).

Company Calendar

• Last Earnings: 8/20/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Security brokers & dealers
• Sub-Industry: N/A
• Current Symbol: NASDAQ:WETH
• Previous Symbol: NASDAQ:WETH
• CUSIP: N/A
• CIK: 1826660
• Web: www.wetouchinc.com
• Phone: 86-28-3739-0666
• Fax: N/A
• Employees: 131
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $40.61 million
• Price / Sales: 0.51
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 11,932,000
• Free Float: 8,914,000
• Market Cap: $20.52 million
• Optionable: N/A
• Beta: -0.08