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The latest announcement is out from Wetouch Technology ( (WETH) ).
Wetouch Technology Inc. was notified by Nasdaq on July 15, 2025, that its securities had a closing bid price below $1.00 per share for 30 consecutive business days, failing to meet the Nasdaq Global Market’s listing requirements. The company has until January 12, 2026, to regain compliance by maintaining a bid price of at least $1 for ten consecutive business days. The notice does not immediately affect the listing of its securities, but failure to comply could lead to delisting, with the option to appeal.
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
Average Trading Volume: 103,840
Technical Sentiment Signal: Sell
See more insights into WETH stock on TipRanks’ Stock Analysis page.