WETH Stock Summary and Trading Ideas (Wetouch Technology | NASDAQ:WETH)

Wetouch Technology Inc is a business of research and development, manufacturing, and distribution of touchscreen displays to customers both in the PRC and overseas. The touchscreen products, which are manufactured by the Company, are mainly for use in financial terminals, automotive, Point of Sales, gaming, lottery, medical, Human-Machine Interface (HMI), and other specialized industries. The company sells touchscreen products both domestically in China and internationally, covering areas in Mainland China, including but not limited to the eastern, southern, northern, and southwest regions of Mainland China, Taiwan, South Korea, Germany, and other countries.

Wetouch Technology trades on the NASDAQ stock market under the symbol WETH.

As of August 28, 2026, WETH stock price declined to $1.14 with 23,261 million shares trading.

WETH has a beta of 2.44, meaning it tends to be more sensitive to market movements. WETH has a correlation of 0.12 to the broad based SPY ETF.

WETH has a market cap of $15.25 million. This is considered a Sub-Micro Cap stock.

WETH has underperformed the market in the last year with a price return of +2.6% while the SPY ETF gained +19.7%. WETH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.7% and -3.3%, respectively, while the SPY returned +2.2% and -0.9%, respectively.

WETH support price is $1.10 and resistance is $1.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WETH shares will trade within this expected range on the day.