WANG & LEE Group Inc (NASDAQ:WLGS) traded at $0.26 at close of the session on Tuesday, April 01 and made a downward move of -3.70% on its previous day’s price.
Looking at the stock we see that its previous close was $0.27 with the day’s price range being $0.25 – $0.2689. The company has a trailing 12-month PE ratio of 123.81. In terms of its 52-week price range, WLGS has a high of $9.66 and a low of $0.23. The company’s stock has lost about -95.09% over that past 30 days.
WANG & LEE Group Inc has a market cap of $5.50 million and is expected to release its quarterly earnings report in May.
On the other hand, looking at the outlook for the WLGS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is -91.27% off its SMA20 and -95.00% from its 50-day simple moving average. The RSI (14) is pointing at 27.46 while the volatility over the past week is 27.65% and jumps to 30.82% over the past one month. The beta value is 4.99, while the average true range (ATR) is currently pointing at 0.87.
Coming back to WANG & LEE Group Inc (NASDAQ:WLGS), we note that the average 3-month trading volume was 1.90 million, while that of the preceding 10-day period stands at 8.63 million. Current shares outstanding are 15.09 million.
The insiders hold 69.13% of the company’s shares while institutions hold 0.73%. The data shows that short shares as of 2025-03-14, stood at 97790.0 at a short ratio of 0.1. This represents a 105.00 short interest in shares outstanding on 2025-03-14. Shares short fall in March from the previous month at 0.11 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -85.27% down in year-to-date price movement.