Closing Figures: WANG & LEE Group Inc (WLGS)’s Negative Finish at 1.63, Down -19.70

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

After finishing at $2.03 in the prior trading day, WANG & LEE Group Inc (NASDAQ: WLGS) closed at $1.63, down -19.70%. In other words, the price has decreased by -$19.70 from its previous closing price. On the day, 0.74 million shares were traded. WLGS stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $1.06.

Ratios:

Our goal is to gain a better understanding of WLGS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.21 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.12.

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 24602894 and an Enterprise Value of 21342556. For the stock, the TTM Price-to-Sale (P/S) ratio is 28.27 while its Price-to-Book (P/B) ratio in mrq is 31.97. Its current Enterprise Value per Revenue stands at 3.127 whereas that against EBITDA is -27.984.

Stock Price History:

Over the past 52 weeks, WLGS has reached a high of $5.57, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -50.38%, while the 200-Day Moving Average is calculated to be 21.27%.

Shares Statistics:

The stock has traded on average 156.17K shares per day over the past 3-months and 172940 shares per day over the last 10 days, according to various share statistics. A total of 15.09M shares are outstanding, with a floating share count of 3.09M. Insiders hold about 79.50% of the company’s shares, while institutions hold 0.01% stake in the company. Shares short for WLGS as of 1732838400 were 80606 with a Short Ratio of 0.52, compared to 1730332800 on 45538. Therefore, it implies a Short% of Shares Outstanding of 80606 and a Short% of Float of 1.1400000000000001.

Most Popular