Wing Yip Food Holdings Group (NASDAQ:WYHG) Upgraded by Wall Street Zen to "Hold" Rating

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 report issued on Saturday.

Wing Yip Food Holdings Group Trading Down 4.9%

Shares of WYHG traded down $0.07 during mid-day trading on Friday, hitting $1.37. The company's stock had a trading volume of 378,153 shares, compared to its average volume of 429,974. The company's 50-day moving average is $1.35 and its 200-day moving average is $3.96. Wing Yip Food Holdings Group has a 52-week low of $1.10 and a 52-week high of $12.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.63 and a quick ratio of 3.51.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 1st quarter, according to its most recent Form 13F filing with the SEC. 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.