The stock of WANG & LEE Group Inc (WLGS) has gone down by -5.39% for the week, with a -49.58% drop in the past month and a 5.29% rise in the past quarter. The volatility ratio for the week is 29.09%, and the volatility levels for the past 30 days are 25.85% for WLGS. The simple moving average for the past 20 days is -8.70% for WLGS’s stock, with a 25.65% simple moving average for the past 200 days.
Is It Worth Investing in WANG & LEE Group Inc (NASDAQ: WLGS) Right Now?
The price-to-earnings ratio for WANG & LEE Group Inc (NASDAQ: WLGS) is 852.38x, which is above its average ratio. Moreover, the 36-month beta value for WLGS is 1.75.
The public float for WLGS is 3.09M and currently, short sellers hold a 0.48% of that float. On January 14, 2025, WLGS’s average trading volume was 181.12K shares.
WLGS) stock’s latest price update
The stock of WANG & LEE Group Inc (NASDAQ: WLGS) has increased by 19.33 when compared to last closing price of 1.50.Despite this, the company has seen a loss of -5.39% in its stock price over the last five trading days. globenewswire.com reported 2024-04-18 that HONG KONG, China, April 18, 2024 (GLOBE NEWSWIRE) — WANG & LEE GROUP, Inc. (Nasdaq: WLGS) (“WLGS” or the “Company”), is a British Virgin Islands holding company with operations conducted by its subsidiaries in Hong Kong. The Company is a construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems (“E&M”), which include low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning (“MVAC”) systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors. The Company today announced its unaudited operating results for the year ended December 31, 2023.
WLGS Trading at -42.26% from the 50-Day Moving Average
After a stumble in the market that brought WLGS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.86% of loss for the given period.
Volatility was left at 25.85%, however, over the last 30 days, the volatility rate increased by 29.09%, as shares sank -36.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.35% lower at present.
During the last 5 trading sessions, WLGS fell by -5.39%, which changed the moving average for the period of 200-days by +206.19% in comparison to the 20-day moving average, which settled at $1.9605. In addition, WANG & LEE Group Inc saw 1.42% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WLGS
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.36 for the gross margin
The net margin for WANG & LEE Group Inc stands at -0.1. The total capital return value is set at -0.12. Equity return is now at value 5.05, with 2.47 for asset returns.
Based on WANG & LEE Group Inc (WLGS), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -2.24. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is -12.53.
Currently, EBITDA for the company is -0.55 million with net debt to EBITDA at 5.88. When we switch over and look at the enterprise to sales, we see a ratio of 3.48. The receivables turnover for the company is 1.16for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.91.
Conclusion
To wrap up, the performance of WANG & LEE Group Inc (WLGS) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
