WANG & LEE Group Inc (NASDAQ: WLGS) Emerges As Guiding Light For Investors

WANG & LEE Group Inc (NASDAQ:WLGS) currently has a daily average trading volume of 2.51M but it saw 1398004 shares traded in last market. With a market cap of 3.80M USD, the company’s current market price of $0.18 came rising about 0.45 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.66 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.1757 while lowest mark touched by it was $0.1848.

Taking a look at 20-day trading activity of WANG & LEE Group Inc (WLGS) gives us an average price of $0.2096, while its current price level is -98.14% below from 52-week high level whereas it is 19.67% 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 $2.2760 while that of 200 days or SMA-200 reads an average of $2.6022. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.48% during that period while stretching the period over a month that increases to 15.45%. 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 27.79 which implies that the stock is in oversold territory.

Over the week, WLGS’s stock price is moving -14.32% down while it is -30.96% when we observe its performance for the past one month. Year-to-date it is -89.83% down and over the past year, the stock is showing a downside performance of -66.44%.

The company is expected to be releasing its next quarterly report in June, 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 85.48. Stock’s beta reads 5.24. Stock has a price to book (P/B) ratio of 4.00 while price to sale or P/S ratio amounts to 4.09. Its return on asset (ROA) is 2.47% on average.