Wellchange (NASDAQ:WCT) Shares Up 12.4% – Time to Buy?

Wellchange Holdings Company Limited (NASDAQ:WCTGet Free Report) shares shot up 12.4% during mid-day trading on Monday . The stock traded as high as $0.31 and last traded at $0.30. 2,720,629 shares were traded during trading, a decline of 53% from the average session volume of 5,766,024 shares. The stock had previously closed at $0.27.

Wellchange Stock Performance

The stock has a 50-day moving average of $1.31.

Hedge Funds Weigh In On Wellchange

A hedge fund recently bought a new stake in Wellchange stock. Renaissance Technologies LLC acquired a new stake in shares of Wellchange Holdings Company Limited (NASDAQ:WCTFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 42,400 shares of the company’s stock, valued at approximately $41,000. Renaissance Technologies LLC owned about 0.20% of Wellchange at the end of the most recent reporting period.

About Wellchange

(Get Free Report)

Wellchange Holdings Company Limited, through its subsidiaries, operates as an enterprise software solution services provider in Hong Kong. The company provides tailor-made software solutions, cloud-based software-as-a-service (SaaS) solutions, and white-labelled software design and development services.

Further Reading

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