Closing Bell Recap: WANG & LEE Group Inc (WLGS) Ends at 0.43, Reflecting a -42.70 Downturn

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

WANG & LEE Group Inc (NASDAQ: WLGS) closed the day trading at $0.43 down -42.70% from the previous closing price of $0.75. In other words, the price has decreased by -$42.70 from its previous closing price. On the day, 13.76 million shares were traded. WLGS stock price reached its highest trading level at $0.7138 during the session, while it also had its lowest trading level at $0.4101.

Ratios:

For a better understanding of WLGS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.10.

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 13034045 and an Enterprise Value of 4249882. As of this moment, WANG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 204.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.03 while its Price-to-Book (P/B) ratio in mrq is 9.59. Its current Enterprise Value per Revenue stands at 0.584 whereas that against EBITDA is 30.964.

Stock Price History:

The Beta on a monthly basis for WLGS is 4.40, which has changed by -0.2711864 over the last 52 weeks, in comparison to a change of 0.10063088 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 $0.44. The 50-Day Moving Average of the stock is -92.16%, while the 200-Day Moving Average is calculated to be -83.76%.

Shares Statistics:

Over the past 3-months, WLGS traded about 1.03M shares per day on average, while over the past 10 days, WLGS traded about 4717770 shares per day. A total of 15.09M shares are outstanding, with a floating share count of 5.36M. Insiders hold about 69.13% of the company’s shares, while institutions hold 0.89% stake in the company. Shares short for WLGS as of 1740700800 were 232384 with a Short Ratio of 0.23, compared to 1738281600 on 78483. Therefore, it implies a Short% of Shares Outstanding of 232384 and a Short% of Float of 2.48.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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