WANG & LEE Group Inc (NASDAQ: WLGS) is -82.06% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $9.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WLGS stock was last observed hovering at around $0.25 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $0.32, the stock is 63.82% and -77.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 147.77 million and changing 27.19% at the moment leaves the stock -87.76% off its SMA200. WLGS registered -43.83% loss for a year compared to 6-month loss of -90.57%.
The stock witnessed a 44.09% gain in the last 1 month and extending the period to 3 months gives it a -96.33%, and is 82.01% 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 53.39% over the week and 22.45% over the month.
Current P/E ratio is 150.81. Profit margin for the company is 3.45%. Distance from 52-week low is 111.13% and -96.72% 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 6.53M with Short Float at 1.53%.
The top institutional shareholder in the company is CITADEL ADVISORS LLC with over 39460.0 shares valued at $25649.0. The investor’s holdings represent 0.2614% of the WLGS Shares outstanding. As of 2024-06-30, the second largest holder is HRT FINANCIAL LP with 11469.0 shares valued at $7000.0 to account for 0.076 of the shares outstanding.
WANG & LEE Group Inc (WLGS) Insider Activity
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