WANG & LEE Group Inc (WLGS) saw downtrend of -6.37% in the recent trading with $0.05 being its most recent. The current price level -99.44% lower than the highest price of $9.66 marked by the stock while trading over the past 52-weeks, whereas it is 74.92% higher than the lowest price of $0.03 the company dropped to over past 52-weeks. The latest news story.WLGS appeared in (Associated Press Finance) under the title “BC-Most Active Stocks”.
Squeezing the time span to 30 day period shows us the stock is currently trading -62.35% below one month high and is +40.57% above of the lowest during that time. Looking into the simple moving average, WANG & LEE Group Inc (WLGS)’s stock stands at a SMA-50 of $0.0635 while that of 5-day is reading $0.0591.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more.stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and WLGS’s SMA-200 as of now is $2.2394.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
WANG & LEE Group Inc Earnings – What Happened With WLGS
Coming around sales and income figures.WLGS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
WANG & LEE Group Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 17.36 million. WLGS does have institutional investors; and they hold 14.06% of the stock.
As.2024-06-30, CITADEL ADVISORS LLC was the top most holder in WANG & LEE Group Inc (NASDAQ:WLGS) with an ownership of 39460.0 shares of the company or 0.2614 of the stake worth $25649.0. The filing also reveals HRT FINANCIAL LP as the second largest holder in the company with a control over 0.076 of the outstanding shares. Its stake is worth $7000.0 for having 11469.0 shares in hand.
VIRTU FINANCIAL LLC also came holding a key position in the company during the recent quarter and it now holds 0.0687 of the outstanding shares. With this there are now 9.0 institutions which have possession in WLGS’s shares.
Key Metrics forWLGS
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, WANG & LEE Group Inc has a debt to equity ratio of 0.71.
Technical Analysis of WANG & LEE Group Inc (NASDAQ:WLGS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for WANG & LEE Group Inc (WLGS), we notice that the stock’s 20-day average volume is at 147,801,766 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 94,230,063 shares. And to end, WLGS’s 100-day average volume is 54,102,965 shares with 100% of the long-term indicators pointing towards Sell for the stock.
