Wing Yip Food Holdings Group's (WYHG) Sell (D-) Rating Reiterated at Weiss Ratings

Key Points

• Wing Yip Food Holdings Group has had its stock rating reiterated as a "Sell (D-)" by Weiss Ratings, indicating persistent concerns about its investment potential.
• Despite the negative outlook from Weiss Ratings, Wall Street Zen has upgraded the stock to a "hold" rating, suggesting mixed sentiments among analysts.
• The company's stock is currently trading at $1.23, with a notable one-year low of $1.10 and a high of $12.00, highlighting significant volatility in its market performance.

Wing Yip Food Holdings Group (NASDAQ:WYHG - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities researchers at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Wing Yip Food Holdings Group to a "hold" rating in a report on Saturday, September 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".

Wing Yip Food Holdings Group Stock Performance

Shares of Wing Yip Food Holdings Group stock traded down $0.06 during trading hours on Wednesday, reaching $1.23. The company's stock had a trading volume of 449,628 shares, compared to its average volume of 239,589. The firm has a 50 day moving average price of $1.37 and a 200-day moving average price of $3.28. Wing Yip Food Holdings Group has a one year low of $1.10 and a one year high of $12.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.51 and a current ratio of 3.63.

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) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.