WANG & LEE GROUP (NASDAQ:WLGS) Trading Down 11.1% – What’s Next?

WANG & LEE GROUP, Inc. (NASDAQ:WLGS)’s share price fell 11.1% on Friday . The company traded as low as $4.58 and last traded at $4.91. 1,586,181 shares were traded during mid-day trading, an increase of 252% from the average session volume of 450,332 shares. The stock had previously closed at $5.52.

WANG & LEE GROUP Price Performance

The business’s 50-day moving average is $4.53 and its two-hundred day moving average is $3.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WANG & LEE GROUP stock. XTX Topco Ltd bought a new stake in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 19,247 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned approximately 0.11% of WANG & LEE GROUP at the end of the most recent quarter. 0.33% of the stock is owned by hedge funds and other institutional investors.

WANG & LEE GROUP Company Profile

Wang & Lee Group, Inc is a holding company, which engages in the installation of electrical and mechanical systems, it includes low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors.