Wing Yip Food Holdings Group Ltd. ADR (NASDAQ:WYHG) shares, rose in value on Friday, May 30, with the stock price up by 11.61% to the previous day’s close as strong demand from buyers drove the stock to $1.73.
Actively observing the price movement in the last trading, the stock closed the session at $1.55. The PE ratio was 5.43 over 12-month period. Referring to stock’s 52-week performance, its high was $12.00, and the low was $1.12. On the whole, WYHG has fluctuated by -74.41% over the past month.
With the market capitalization of Wing Yip Food Holdings Group Ltd. ADR currently standing at about $87.07 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of WYHG currently trading nearly -63.46% and -74.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 27.86, while the 7-day volatility ratio is showing 2.98% which for the 30-day chart, stands at 39.01%. Furthermore, Wing Yip Food Holdings Group Ltd. ADR (WYHG)’s average true range (ATR) is 0.86.
Data on historical trading for Wing Yip Food Holdings Group Ltd. ADR (NASDAQ:WYHG) indicates that the trading volumes over the past 3 months, they’ve averaged 244.72K. According to company’s latest data on outstanding shares, there are 47.97 million shares outstanding.
Wing Yip Food Holdings Group Ltd. ADR’s shares belong to company insiders and institutional investors own 0.09% of the company’s shares. The stock has fallen by -71.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WYHG stock heading into the next quarter.
