3 days Ago By ABMN Staff
Wetouch Technology Inc. ( NASDAQ:WETH – Get Free Report ) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 78,200 shares, a decline of 29.
7% from the August 15th total of 111,200 shares. Approximately 0.7% of the company’s stock are sold short.
Based on an average daily trading volume, of 118,200 shares, the days-to-cover ratio is currently 0.7 days. Wetouch Technology Stock Up 0.
4 % WETH opened at $1.70 on Monday. The firm’s fifty day simple moving average is $1.
81 and its 200 day simple moving average is $2.26. Wetouch Technology has a 12 month low of $1.
13 and a 12 month high of $18.50. Wetouch Technology ( NASDAQ:WETH – Get Free Report ) last issued its quarterly earnings results on Tuesday, August 20th.
The company reported $0.23 EPS for the quarter. The firm had revenue of $12.
24 million during the quarter. Institutional Investors Weigh In On Wetouch Technology Wetouch Technology Company Profile ( Get Free Report ) 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.
Featured Stories Receive News & Ratings for Wetouch Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wetouch Technology and related companies with MarketBeat.com's FREE daily email newsletter ..
