Trading Day Review: WANG & LEE Group Inc (WLGS) Gains Momentum, Closing at $0.05

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The price of WANG & LEE Group Inc (NASDAQ: WLGS) closed at $0.05 in the last session, up 0.92% from day before closing price of $0.05. In other words, the price has increased by $0.92 from its previous closing price. On the day, 11.03 million shares were traded. WLGS stock price reached its highest trading level at $0.06 during the session, while it also had its lowest trading level at $0.0541.

Ratios:

We take a closer look at WLGS’s different ratios to gain a better understanding of the stock. 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 1743234 and an Enterprise Value of -897456. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.42 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at -0.227 whereas that against EBITDA is 0.354.

Stock Price History:

The Beta on a monthly basis for WLGS is 3.95, which has changed by -0.89215684 over the last 52 weeks, in comparison to a change of 0.15222645 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 -8.88%, while the 200-Day Moving Average is calculated to be -97.53%.

Shares Statistics:

According to the various share statistics, WLGS traded on average about 75.15M shares per day over the past 3-months and 110021450 shares per day over the past 10 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 14.06% stake in the company. Shares short for WLGS as of 1753920000 were 3166160 with a Short Ratio of 0.04, compared to 1751241600 on 937191. Therefore, it implies a Short% of Shares Outstanding of 3166160 and a Short% of Float of 20.29.

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