Wetouch Technology Inc. (WETH)

NASDAQ: WETH · IEX Real-Time Price · USD
3.960
+0.400 (11.24%)
At close: Feb 29, 2024, 3:59 PM
4.160
+0.200 (5.05%)
After-hours: Feb 29, 2024, 4:40 PM EST
11.24%
Market Cap 44.00M
Revenue (ttm) 39.88M
Net Income (ttm) 10.27M
Shares Out 149.51M
EPS (ttm) 1.09
PE Ratio 3.63
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 280,727
Open 3.660
Previous Close 3.560
Day's Range 3.500 - 3.970
52-Week Range 2.540 - 5.700
Beta 0.06
Analysts n/a
Price Target n/a
Earnings Date n/a

About 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... [Read more]

Sector Real Estate
Founded 1992
Employees 130
Stock Exchange NASDAQ
Ticker Symbol WETH
Full Company Profile

Financial Performance

In 2022, WETH's revenue was $37.92 million, a decrease of -7.02% compared to the previous year's $40.79 million. Earnings were $8.73 million, a decrease of -49.78%.

Financial Statements

News

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

LOS ANGELES--(BUSINESS WIRE)--WestPark Capital, Inc., a full-service investment bank and securities broker-dealer, today announced the closing of a $10.8 Million public offering for Wetouch Technology...

1 day ago - Business Wire

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

Meishan, Sichuan, China, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (Nasdaq: WETH) (“Wetouch” or the “Company”), a Nevada company, through its wholly-owned subsidiary, engaged in the r...

6 days ago - GlobeNewsWire

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

Meishan, Sichuan, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (Nasdaq: WETH) (“Wetouch” or the “Company”), a Nevada company, through its wholly-owned subsidiary, engaged in the r...

8 days ago - GlobeNewsWire

Wetouch Technology Inc. Announces Construction Progress on New Production Facility

Chengdu, China, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...

1 year ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Announces FY2022 Financial Guidance

Chengdu, China, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...

1 year ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Reports Second Quarter 2021 Unaudited Financial Results

- Revenues increased by 1 86.8 % to $ 15.2 million-

2 years ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Reports First Quarter 2021 Unaudited Financial Results

- Revenues increased by 202.3% to $10.7 million-

3 years ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Receives Approval to trade on the OTCQB Market

Chengdu, China, March 31, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...

3 years ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Plans to Relocate to Chengdu and Receives $17.7 million compensation

Chengdu, China, March 22, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...

3 years ago - GlobeNewsWire

Correction--Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications

Chengdu, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- In the news release, " Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications" issued on 20-Jan-2021 by ...

3 years ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products from Air China Limited for Aviation Applications

Chengdu, China, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens,...

3 years ago - GlobeNewsWire

Wetouch Technology Inc. (WETH) Sees Increased Demand of Its Touchscreen Products for Medical Devices in Response to COVID-19 Pandemic

Chengdu, China, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens,...

3 years ago - GlobeNewsWire