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WETH
$1.85-0.03 (-1.60%)
Market ClosedLast close May 1
Wetouch Technology Inc.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Wetouch Technology Inc. in the Technology sector is trading at $1.85. The stock is currently 50% below its 52-week high of $3.68, remaining 18.6% above its 200-day moving average. Technical signals show overbought RSI of 80 and bullish MACD crossover, explaining why WETH maintains its current momentum and trend strength. The Whystock Score of 50/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Overbought levels (RSI 80) — risk of consolidation or pullback
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
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Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$1.85
Potential Upside
506.2%
Whystock Fair Value$11.21
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Fundamentals
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 v...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$22.31M
P/E Ratio
Value territory. Trading at a high yield relative to earnings.
3.12
Beta
Defensive asset. Lower volatility than the S&P 500.
0.47
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
4.46%
Volume
Today's trading volume
68,582
Recent News
Returns On Capital At Wetouch Technology (NASDAQ:WETH) Paint A Concerning Picture
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Shareholders Can Be Confident That Wetouch Technology's (NASDAQ:WETH) Earnings Are High Quality
Wetouch Technology Inc.'s ( NASDAQ:WETH ) strong earnings report was rewarded with a positive stock price move. We have...
Wetouch Technology's (NASDAQ:WETH) Sluggish Earnings Might Be Just The Beginning Of Its Problems
The market rallied behind Wetouch Technology Inc.'s ( NASDAQ:WETH ) stock, leading do a rise in the share price after...
There Are Reasons To Feel Uneasy About Wetouch Technology's (NASDAQ:WETH) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...