Posted by admin on Jun 28th, 2022
Wetouch Technology (OTCMKTS:WETH – Get Rating) is one of 52 publicly-traded companies in the “Security brokers & dealers” industry, but how does it compare to its peers? We will compare Wetouch Technology to similar businesses based on the strength of its profitability, valuation, earnings, risk, dividends, analyst recommendations and institutional ownership.
This table compares Wetouch Technology and its peers gross revenue, earnings per share and valuation.
Wetouch Technology’s peers have higher revenue and earnings than Wetouch Technology. Wetouch Technology is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This table compares Wetouch Technology and its peers’ net margins, return on equity and return on assets.
72.7% of Wetouch Technology shares are held by institutional investors. Comparatively, 58.4% of shares of all “Security brokers & dealers” companies are held by institutional investors. 25.3% of Wetouch Technology shares are held by insiders. Comparatively, 24.9% of shares of all “Security brokers & dealers” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Wetouch Technology has a beta of -0.94, meaning that its share price is 194% less volatile than the S&P 500. Comparatively, Wetouch Technology’s peers have a beta of 1.61, meaning that their average share price is 61% more volatile than the S&P 500.
This is a summary of current ratings for Wetouch Technology and its peers, as reported by MarketBeat.
As a group, “Security brokers & dealers” companies have a potential upside of 43.22%. Given Wetouch Technology’s peers higher probable upside, analysts clearly believe Wetouch Technology has less favorable growth aspects than its peers.
Wetouch Technology peers beat Wetouch Technology on 7 of the 10 factors compared.
About Wetouch Technology (Get Rating)
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, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers 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, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.
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