WANG & LEE Group Inc [NASDAQ: WLGS] traded at a high on Thursday, posting a 12.03 gain after which it closed the day’ session at $0.21.
The results of the trading session contributed to over 5448312 shares changing hands. Over the past one week, the price volatility of WANG & LEE Group Inc stands at 15.19% while the volatility over the past one month is 18.59%.
The market cap for WLGS stock reached $4.44 million, with 15.09 million shares outstanding and 6.53 million shares in the current float. Compared to the average trading volume of 2.33M shares, WLGS reached a trading volume of 5448312 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about WANG & LEE Group Inc [WLGS]?
The Average True Range (ATR) for WANG & LEE Group Inc is set at 0.29, with the Price to Sales ratio for WLGS stock in the period of the last 12 months amounting to 4.77. The Price to Book ratio for the last quarter was 4.67, with the Price to Cash per share for the same quarter was set at 0.03.
How has WLGS stock performed recently?
WANG & LEE Group Inc [WLGS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.26. With this latest performance, WLGS shares dropped by -51.31% in over the last four-week period, additionally sinking by -91.55% over the last 6 months – not to mention a drop of -66.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WLGS stock in for the last two-week period is set at 28.19, with the RSI for the last a single of trading hit 25.00, and the three-weeks RSI is set at 31.97 for WANG & LEE Group Inc [WLGS]. The present Moving Average for the last 50 days of trading for this stock 2.9562, while it was recorded at 0.1910 for the last single week of trading, and 2.6119 for the last 200 days.
WANG & LEE Group Inc [WLGS]: Deeper insight into the fundamentals
WANG & LEE Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.91 and a Current Ratio set at 1.91.
Insider trade positions for WANG & LEE Group Inc [WLGS]
There are presently around $0.77%, or 1.78%% of WLGS stock, in the hands of institutional investors. The top three institutional holders of WLGS stocks are: CITADEL ADVISORS LLC with ownership of 39460.0 shares, which is approximately 0.2614%. HRT FINANCIAL LP, holding 11469.0 shares of the stock with an approximate value of $$7000.0 in WLGS stocks shares; and HRT FINANCIAL LP, currently with $$7000.0 in WLGS stock with ownership which is approximately 0.0687%.
