The latest announcement is out from Wetouch Technology ( (WETH) ).
On April 21, 2025, Wetouch Technology Inc. received a notice from Nasdaq indicating non-compliance with the requirement to file periodic financial reports on time, as the company had not filed its Form 10-K for the year ended December 31, 2024. Wetouch has until June 20, 2025, to submit a compliance plan, and if accepted, they may have until October 13, 2025, to file the Form 10-K. The notice does not immediately affect the listing or trading of Wetouch’s stock on Nasdaq, and the company is working diligently to regain compliance.
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
Wetouch Technology Inc. is a leading provider of high-quality touch display solutions, committed to revolutionizing human-machine interaction across various industries. With a focus on innovation and customer satisfaction, Wetouch delivers cutting-edge technology and unmatched performance in touch display solutions worldwide.
YTD Price Performance: -40.45%
Average Trading Volume: 166,093
Technical Sentiment Signal: Buy
Find detailed analytics on WETH stock on TipRanks’ Stock Analysis page.