Is Weiqiao Textile Co Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Weiqiao Textile Co Ltd pays dividends. Last time was Friday 24th of June 2022 where the investors holding the stock on Tuesday 31st of May 2022 were paid HKD0.18 per share. Over the last 19 times between 2004 and 2022, Weiqiao Textile Co Ltd has paid HKD3.9891 with an average of HKD0.21 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Weiqiao Textile Co Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD1.990, you would have made a profit of HKD1.500 per share or 75.38%
Yes, the average daily trading liquidity for Weiqiao Textile Co Ltd is HKD2.21 million. You should therefore be able to get in and out of your positions relatively fast.
Weiqiao Textile Co Ltd has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Weiqiao Textile Co Ltd to be high [0.75 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.