WANG & LEE Group Inc’s Market Journey: Closing Weak at 0.05, Down -37.00

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The closing price of WANG & LEE Group Inc (NASDAQ: WLGS) was $0.05 for the day, down -37.00% from the previous closing price of $0.08. In other words, the price has decreased by -$37.00 from its previous closing price. On the day, 81.44 million shares were traded. WLGS stock price reached its highest trading level at $0.069 during the session, while it also had its lowest trading level at $0.0432.

Ratios:

Our analysis of WLGS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.13.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WLGS now has a Market Capitalization of 1692429 and an Enterprise Value of -916550. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at -0.232 whereas that against EBITDA is 0.362.

Stock Price History:

The Beta on a monthly basis for WLGS is 4.30, which has changed by -0.89183676 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, WLGS has reached a high of $9.66, while it has fallen to a 52-week low of $0.03. The 50-Day Moving Average of the stock is -51.41%, while the 200-Day Moving Average is calculated to be -97.77%.

Shares Statistics:

WLGS traded an average of 62.91M shares per day over the past three months and 175629980 shares per day over the past ten days. A total of 17.36M shares are outstanding, with a floating share count of 17.32M. Insiders hold about 45.47% of the company’s shares, while institutions hold 17.11% stake in the company. Shares short for WLGS as of 1752537600 were 4626654 with a Short Ratio of 0.07, compared to 1749772800 on 4517996. Therefore, it implies a Short% of Shares Outstanding of 4626654 and a Short% of Float of 29.65.