WANG & LEE Group Inc (NASDAQ:WLGS) currently has a daily average trading volume of 1.97M but it saw 5668039 shares traded in last market. With a market cap of 6.08M USD, the company’s current market price of $0.29 came rising about 17.75 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.66 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.2313 while lowest mark touched by it was $0.2899.
Taking a look at 20-day trading activity of WANG & LEE Group Inc (WLGS) gives us an average price of $2.5757, while its current price level is -97.03% below from 52-week high level whereas it is 24.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.9441 while that of 200 days or SMA-200 reads an average of $2.6390. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.74% during that period while stretching the period over a month that increases to 29.35%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 27.92 which implies that the stock is in oversold territory.
Over the week, WLGS’s stock price is moving -1.27% down while it is -94.15% when we observe its performance for the past one month. Year-to-date it is -83.72% down and over the past year, the stock is showing a downside performance of -48.70%.
The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, WANG & LEE Group Inc’s total number of outstanding shares is 15.09M with 56.68% of that held by the insiders while 0.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.29% and return on equity (ROE) at 5.05%. It has a price to earnings ratio (P/E ratio) of 136.81. Stock’s beta reads 5.02. Stock has a price to book (P/B) ratio of 6.41 while price to sale or P/S ratio amounts to 6.54. Its return on asset (ROA) is 2.47% on average.
