Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $0.23 in the prior trading day, WANG & LEE Group Inc (NASDAQ: WLGS) closed at $0.22, down -4.31%. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 0.96 million shares were traded. WLGS stock price reached its highest trading level at $0.2331 during the session, while it also had its lowest trading level at $0.2161.
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 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 4653188 and an Enterprise Value of 1072627. As of this moment, WANG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 104.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.00 while its Price-to-Book (P/B) ratio in mrq is 4.90. Its current Enterprise Value per Revenue stands at 0.147 whereas that against EBITDA is 7.815.
Stock Price History:
The Beta on a monthly basis for WLGS is 4.86, which has changed by -0.5769231 over the last 52 weeks, in comparison to a change of 0.059571505 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 $0.21. The 50-Day Moving Average of the stock is -94.76%, while the 200-Day Moving Average is calculated to be -91.63%.
Shares Statistics:
The stock has traded on average 2.21M shares per day over the past 3-months and 2931250 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 6.53M. Insiders hold about 69.13% of the company’s shares, while institutions hold 0.73% stake in the company. Shares short for WLGS as of 1743379200 were 742175 with a Short Ratio of 0.34, compared to 1740700800 on 232384. Therefore, it implies a Short% of Shares Outstanding of 742175 and a Short% of Float of 5.6399997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
