Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. WANG & LEE Group Inc’s current trading price is -62.48% away from its 52-week high, while its distance from the 52-week low is 370.30%. The stock’s price range during this period has varied between $0.44 and $5.57. The company, active in the Industrials sector, saw a trading volume of around 1.26 million for the day, considerably higher average daily volume of 0.18 million observed over the last three months.
The stock market performance of WANG & LEE Group Inc has been very steady. Over the last year, the company’s stock hit its highest at $5.57 on 12/02/24, while the lowest price during the same time frame was $0.44, recorded on 08/02/24.
How Financial Performance Impacts Market Capitalization
WANG & LEE Group Inc (WLGS) has experienced a quarterly rise of 8.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.54M and boasts a workforce of 25 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.3100, with a change in price of +1.5800. Similarly, WANG & LEE Group Inc recorded 222,974 in trading volume during the last 100 days, posting a change of +309.72%.
How WLGS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for WLGS stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.10.
WLGS Stock Stochastic Average
As of today, the raw stochastic average of WANG & LEE Group Inc over the past 50 days is 22.84%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 48.36%. Additionally, the Stochastic %K and %D values for the company were 33.65% and 25.60%, respectively, over the past 20 days.
WLGS Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 18.41% this year. Over the last six months, there has been a weaker performance of 269.98%. The price of WLGS leaped by -25.36% during the last 30 days period. For the last 5-days stocks have improved 13.59%.
