How have WETH shares performed in 2024?

Wetouch Technology's stock was trading at $5.10 at the beginning of the year. Since then, WETH stock has decreased by 60.2% and is now trading at $2.03. View the best growth stocks for 2024 here .

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. served as the underwriters for the IPO.

When did Wetouch Technology's quiet period expire?

Wetouch Technology's quiet period expired on Monday, April 1st. 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. During Wetouch Technology's quiet period, insiders and underwriters that worked on the IPO were restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on 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 .

NASDAQ:WETH

Wetouch Technology (WETH) Stock Price, News & Analysis

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$2.03

-0.04 (-1.93%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.93
▼
$2.10
50-Day Range: $1.87
▼
$7.50
52-Week Range: $1.62
▼
$18.78

Volume: 68,792 shs
Average Volume: 201,566 shs
Market Capitalization: $19.75 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Competitors Earnings Financials Headlines SEC Filings Short Interest Social Media

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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, 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. Wetouch Technology Inc. was founded in 2011 and is based in Meishan, China.

WETH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WETH Stock News Headlines

April 16, 2024 | americanbankingnews.com

Wetouch Technology (NASDAQ:WETH) Shares Down 3.3%

April 1, 2024 | prnewswire.com

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023

April 18, 2024 | WealthPress (Ad)

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March 27, 2024 | msn.com

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.22%

March 27, 2024 | msn.com

Medical Properties Trust, Forestar, Office Properties Income Trust in real estate gainers

March 19, 2024 | msn.com

Opendoor Technologies, reAlpha Tech, Wetouch in real estate losers

March 18, 2024 | finanznachrichten.de

WETOUCH TECHNOLOGY INC: Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market

March 13, 2024 | seekingalpha.com

Offerpad, Irsa Inversiones Y Representaciones, Safe and Green Development among real estate movers

April 18, 2024 | WealthPress (Ad)

Chances are you know the firms on this list

March 7, 2024 | msn.com

Forestar Group, Landsea Homes, Ucommune International in real estate gainers

February 28, 2024 | msn.com

Ashford Hospitality Trust in real estate gainers, Global Medical REIT in losers

February 28, 2024 | businesswire.com

WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH )

February 23, 2024 | morningstar.com

Wetouch Technology Inc WETH

February 23, 2024 | globenewswire.com

Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock

February 22, 2024 | au.finance.yahoo.com

Wetouch Technology Inc. Common Stock (WETH)

February 22, 2024 | finance.yahoo.com

Returns On Capital Signal Tricky Times Ahead For Wetouch Technology (NASDAQ:WETH)

February 20, 2024 | globenewswire.com

Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market

See More Headlines

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Company Calendar

Today: 4/18/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Security brokers & dealers
Sub-Industry: N/A
Current Symbol: NASDAQ:WETH
CUSIP: N/A
CIK: 1826660
Web: www.wetouchinc.com
Phone: 86-28-3739-0666
Fax: N/A
Employees: 130
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: $40.79 million
Price / Sales: 0.49
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 9,730,000
Free Float: 7,272,000
Market Cap: $19.85 million
Optionable: N/A
Beta: -0.18

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Key Executives

Mr. Zongyi Lian (Age 58)
CEO & President
Comp: $56.89k
Ms. Jiaying Cai (Age 28)
Secretary & Director
Mr. Yuhua Huang (Age 49)
Chief Financial Officer

Key Competitors

View All Competitors

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 the year. Since then, WETH stock has decreased by 60.2% and is now trading at $2.03.
View the best growth stocks for 2024 here.
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. served as the underwriters for the IPO.
When did Wetouch Technology's quiet period expire?: Wetouch Technology's quiet period expired on Monday, April 1st. 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. During Wetouch Technology's quiet period, insiders and underwriters that worked on the IPO were restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on 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 4/18/2024 by MarketBeat.com Staff

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