The stock of Wing Yip Food Holdings Group Ltd. ADR (WYHG) has seen a -6.88% decrease in the past week, with a 16.58% gain in the past month, and a 104.67% flourish in the past quarter. The volatility ratio for the week is 15.16%, and the volatility levels for the past 30 days are at 10.00% for WYHG.. The simple moving average for the past 20 days is -7.11% for WYHG’s stock, with a 35.90% simple moving average for the past 200 days.
Is It Worth Investing in Wing Yip Food Holdings Group Ltd. ADR (NASDAQ: WYHG) Right Now?
Wing Yip Food Holdings Group Ltd. ADR (NASDAQ: WYHG) has a higher price-to-earnings ratio of 28.89x compared to its average ratio.
The average trading volume of WYHG on March 17, 2025 was 110.63K shares.
WYHG) stock’s latest price update
Wing Yip Food Holdings Group Ltd. ADR (NASDAQ: WYHG) has experienced a decline in its stock price by -9.53 compared to its previous closing price of 10.18. However, the company has seen a fall of -6.88% in its stock price over the last five trading days. globenewswire.com reported 2025-01-14 that Zhongshan, China, Jan. 14, 2025 (GLOBE NEWSWIRE) — Wing Yip Food Holdings Group Limited (the “Company” or “Wing Yip”) (Nasdaq: WYHG), a meat product processing company through its operating subsidiaries in mainland China, today announced that the underwriters of its initial public offering (the “Offering”) have exercised their over-allotment option in full to purchase an additional 307,500 American Depositary Shares (“ADSs”) at the public offering price of US$4.00 per ADS, resulting in additional gross proceeds of $1,230,000. Each ADS represents one ordinary share of the Company. After giving effect to the full exercise of the over-allotment option, the total number of ADSs sold by the Company in the public offering increased to 2,357,500 ADSs and the gross proceeds increased to approximately US$9.43 million, before deducting underwriter discounts and other related expenses. The option closing date was January 14, 2025. The ADSs commenced trading on the Nasdaq Capital Market on November 26, 2024 under the ticker symbol “WYHG.”
WYHG Trading at 19.53% from the 50-Day Moving Average
After a stumble in the market that brought WYHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.20% of loss for the given period.
Volatility was left at 10.00%, however, over the last 30 days, the volatility rate increased by 15.16%, as shares surge +15.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +55.57% upper at present.
During the last 5 trading sessions, WYHG fell by -6.88%, in comparison to the 20-day moving average, which settled at $9.91. In addition, Wing Yip Food Holdings Group Ltd. ADR saw 53.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WYHG
Equity return is now at value 10.87, with 8.74 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.31.
Conclusion
To put it simply, Wing Yip Food Holdings Group Ltd. ADR (WYHG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
