Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wetouch Technology ( (WETH) ) just unveiled an update.
Wetouch Technology Inc. announced changes in its Board of Directors in late April and early May 2025. On April 29, 2025, Ms. Jing Chen resigned from the Board, including her roles in various committees, without any disagreements with the company. Subsequently, on May 1, 2025, Guijun Gan was appointed as the Chairperson of the Audit Committee, and Jing Guo joined the Board, taking on multiple committee roles, including Chairperson of the Nominating and Corporate Governance Committee. These appointments reflect the company’s strategic adjustments in its governance structure.
Spark’s Take on WETH Stock
According to Spark, TipRanks’ AI Analyst, WETH is a Neutral.
Wetouch Technology’s stock is characterized by moderate financial performance and attractive valuation, offset by technical indicators that suggest potential short-term volatility. The company’s financials are stable, but profitability and cash flow challenges, alongside high leverage, pose risks. The stock’s undervaluation could appeal to value investors, while the absence of a dividend yield might deter others.
To see Spark’s full report on WETH stock, click here.
More about Wetouch Technology
YTD Price Performance: -44.16%
Average Trading Volume: 156,271
Technical Sentiment Signal: Buy
Learn more about WETH stock on TipRanks’ Stock Analysis page.