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Wetouch Technology ( (WETH) ) has issued an announcement.
Wetouch Technology Inc. faced compliance challenges with Nasdaq due to delays in filing its Form 10-K and Form 10-Qs for the year 2024 and the first two quarters of 2025. The company submitted compliance plans and was granted an extension until October 13, 2025, to file the delinquent reports. Additionally, Wetouch successfully regained compliance with Nasdaq’s minimum bid price requirement by September 15, 2025, ensuring its continued listing on the Nasdaq Global Market.
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: 124,454
Technical Sentiment Signal: Sell
For a thorough assessment of WETH stock, go to TipRanks’ Stock Analysis page.