WANG & LEE Group Inc (NASDAQ: WLGS) is -96.12% lower on its value in year-to-date trading and has touched a low of $0.07 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 $0.08 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.07, the stock is -64.52% and -66.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 60.94 million and changing -9.04% at the moment leaves the stock -97.32% off its SMA200. WLGS registered -89.13% loss for a year compared to 6-month loss of -98.07%.
The stock witnessed a -73.30% gain in the last 1 month and extending the period to 3 months gives it a -98.32%, and is -66.88% 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 18.89% over the week and 15.23% over the month.
WANG & LEE Group Inc (WLGS) has around 10 employees, a market worth around $2.17M and $0.51M in sales. Profit margin for the company is -64.43%. Distance from 52-week low is -6.30% and -99.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-63.90%).
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WANG & LEE Group Inc (WLGS) Top Institutional Holders
The shares outstanding are 17.36M, and float is at 17.32M with Short Float at 2.96%.
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.
