WANG & LEE Group Inc (NASDAQ: WLGS) is 124.93% higher on its value in year-to-date trading and has touched a low of $0.44 and a high of $5.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WLGS stock was last observed hovering at around $2.83 in the last trading session, with the day’s gains setting it 1.14%.
Currently trading at $3.97, the stock is 97.48% and 28.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 40.28% at the moment leaves the stock 171.86% off its SMA200. WLGS registered 587.45% gain for a year compared to 6-month gain of 608.93%. The firm has a 50-day simple moving average (SMA 50) of $3.0632 and a 200-day simple moving average (SMA200) of $1.44337.
The stock witnessed a 43.84% loss in the last 1 month and extending the period to 3 months gives it a 63.37%, and is 146.58% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 44.50% over the week and 28.74% over the month.
WANG & LEE Group Inc (WLGS) has around 25 employees, a market worth around $59.91M and $0.93M in sales. Current P/E ratio is 1890.48. Profit margin for the company is 3.45%. Distance from 52-week low is 793.34% and -28.73% from its 52-week high. The company has generated returns on investments over the last 12 months (4.29%).
The shares outstanding are 15.09M, and float is at 3.09M with Short Float at 0.48%.
