Wetouch Technology (OTCMKTS: WETH – Get Rating) is one of the 52 publicly traded companies in the Security Brokers and Dealers industry, but how much weight does it have over its competitors? We will compare Wetouch Technology with related companies based on risk strength, institutional ownership, dividends, valuation, profitability, analyst recommendations and profits.
Profits and valuation
This table compares earnings, earnings per share and the valuation of Wetouch Technology and its competitors.
|Gross income||Net income||Price / profit ratio|
|Wetouch technology||$ 40.79 million||$ 17.39 million||1.94|
|Competitors of Wetouch Technology||$ 7.16 billion||$ 1.51 billion||14.39|
Wetouch Technology’s competitors have higher revenues and profits than Wetouch Technology. Wetouch Technology is trading at a lower price / profit ratio than its competitors, which shows that it is currently more affordable than other companies in its industry.
Institutional and internal ownership
72.7% of Wetouch Technology shares are owned by institutional investors. Relatively, 56.8% of the shares of all companies for brokers and securities dealers are owned by institutional investors. 25.3% of Wetouch Technology’s shares are owned by company insiders. Relatively, 25.8% of the shares of all companies “Brokers and securities dealers” are owned by insiders of the company. Strong institutional ownership is an indication that big managers of money, donations and hedge funds believe that a company will outperform the market in the long run.
This table compares Wetouch technology and the net profits of its competitors, return on equity and return on assets.
|Net margins||Return on equity||Return on assets|
|Wetouch technology||27,55%||N / A||N / A|
|Competitors of Wetouch Technology||13.42%||17.71%||5.29%|
Volatility and risk
Wetouch Technology has a beta of -0.94, which shows that its share price is 194% less variable than the S&P 500. In comparison, Wetouch Technology’s competitors have a beta of 1.61, which shows that their average price of shares is 61% more volatile than the S&P 500.
This is a summary of the latest assessments of Wetouch Technology and its competitors provided by MarketBeat.
|Sales ratings||Keep ratings||Buy ratings||Strong buying ratings||Rating|
|Wetouch technology||0||0||0||0||N / A|
|Competitors of Wetouch Technology||546||2244||2257||73||2.36|
As a group of companies, brokers and securities dealers have a potential growth of 37.89%. Given that Wetouch Technology’s competitors are more likely to increase, analysts clearly believe that Wetouch Technology has more unfavorable growth aspects than its competitors.
Wetouch Technology competitors beat Wetouch Technology in 8 of the 10 factors compared.
About Wetouch technology (Get an estimate)
Wetouch Technology Inc. is engaged in research, development, production, sales and service of medium to large designed capacitive touch screens in the People’s Republic of China, Taiwan, South Korea and internationally. Its product portfolio includes medium to large projected capacitive touch screens, ranging from 7.0 inches to 42-inch screens. The company offers Glass-Glass, which is mainly used in GPS / car entertainment panels in medium and luxury cars, industrial man-machine interface (HMI), financial and banking terminals, points of sale and lottery machines; Glass-Film-Film, used mainly in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery and gaming industry; Plastic glass used in GPS / entertainment panels for motor vehicles GPS, smart home, robots and charging stations; and Glass-Film, which are used in the industrial HMI. Its products are also used in financial terminals, automotive, POS, games, lottery, medicine, HMI and other specialized industries. The company was founded in 2011 and is based in Meishan, China.
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