Wing Yip Food Holdings Group (NASDAQ:WYHG) Raised to Hold at Wall Street Zen

Key Points

• Wing Yip Food Holdings Group (NASDAQ:WYHG) has been upgraded to a "hold" rating by analysts at Wall Street Zen.
• The current stock price is $1.37, with a 12-month price range from $1.10 to $12.00.
• A hedge fund, Advisors Preferred LLC, recently purchased 12,642 shares of Wing Yip Food Holdings Group, valued at approximately $114,000.

Wall Street Zen upgraded shares of Wing Yip Food Holdings Group (NASDAQ:WYHG - Free Report) to a hold rating in a research note published on Saturday.

Wing Yip Food Holdings Group Trading Up 5.2%

Shares of NASDAQ WYHG traded up $0.07 during trading on Friday, hitting $1.41. The company had a trading volume of 219,983 shares, compared to its average volume of 225,874. The stock has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $3.86. Wing Yip Food Holdings Group has a fifty-two week low of $1.10 and a fifty-two week high of $12.00. The company has a quick ratio of 3.51, a current ratio of 3.63 and a debt-to-equity ratio of 0.03.

Institutional Investors Weigh In On Wing Yip Food Holdings Group

A hedge fund recently bought a new stake in Wing Yip Food Holdings Group stock. Advisors Preferred LLC bought a new position in shares of Wing Yip Food Holdings Group Limited - Sponsored ADR (NASDAQ:WYHG - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,642 shares of the company's stock, valued at approximately $114,000.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group Ltd. is a holding company. It engages in the business of processing, selling, and distributing cured meat products including cured pork sausages, cured pork meat, and other cured meat products such as cured chicken, cured duck, and cured fish; snack products including ready-to-eat sausages, jerky, duck necks, duck feet, and clay pot rice; and frozen meat products including frozen sausages, frozen beef patties, and frozen chicken breast fillets.