WANG & LEE Group Inc (NASDAQ: WLGS) has a price-to-earnings ratio of 2447.62x that is above its average ratio. Additionally, the 36-month beta value for WLGS is 1.20.
The public float for WLGS is 3.09M and currently, short sellers hold a 0.48% ratio of that float. The average trading volume of WLGS on January 20, 2025 was 159.74K shares.
WLGS) stock’s latest price update
WANG & LEE Group Inc (NASDAQ: WLGS)’s stock price has soared by 29.47 in relation to previous closing price of 3.97. Nevertheless, the company has seen a gain of 242.67% 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’s Market Performance
WANG & LEE Group Inc (WLGS) has experienced a 242.67% rise in stock performance for the past week, with a 81.63% rise in the past month, and a 59.63% rise in the past quarter. The volatility ratio for the week is 38.31%, and the volatility levels for the past 30 days are at 29.39% for WLGS. The simple moving average for the past 20 days is 138.98% for WLGS’s stock, with a 246.55% simple moving average for the past 200 days.
WLGS Trading at 64.20% 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 -7.72% of loss for the given period.
Volatility was left at 29.39%, however, over the last 30 days, the volatility rate increased by 38.31%, as shares surge +120.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +86.91% upper at present.
During the last 5 trading sessions, WLGS rose by +242.67%, which changed the moving average for the period of 200-days by +817.86% in comparison to the 20-day moving average, which settled at $2.15. In addition, WANG & LEE Group Inc saw 191.22% 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 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at -1.96. The debt to equity ratio resting at 0.32. 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 10.89. 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
In conclusion, WANG & LEE Group Inc (WLGS) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
