WANG & LEE Group Inc (NASDAQ: WLGS) is 276.77% higher on its value in year-to-date trading and has touched a low of $0.44 and a high of $9.66 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 $8.45 in the last trading session, with the day’s loss setting it -1.8%.
Currently trading at $6.65, the stock is -7.82% and 53.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing -21.30% at the moment leaves the stock 212.60% off its SMA200. WLGS registered 940.69% gain for a year compared to 6-month gain of 1178.85%. The firm has a 50-day simple moving average (SMA 50) of $4.33422 and a 200-day simple moving average (SMA200) of $2.12732.
The stock witnessed a 134.98% loss in the last 1 month and extending the period to 3 months gives it a 35.99%, and is -21.76% down 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 39.48% over the week and 29.41% over the month.
WANG & LEE Group Inc (WLGS) has around 25 employees, a market worth around $100.35M and $0.93M in sales. Current P/E ratio is 3166.67. Profit margin for the company is 3.45%. Distance from 52-week low is 1396.40% and -31.16% from its 52-week high. The company has generated returns on investments over the last 12 months (4.29%).
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WANG & LEE Group Inc (WLGS) Top Institutional Holders
The shares outstanding are 15.09M, and float is at 4.66M with Short Float at 1.68%.
WANG & LEE Group Inc (WLGS) Insider Activity
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