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

Wall Street Zen upgraded shares of Wing Yip Food Holdings Group (NASDAQ:WYHG) to a hold rating in a report released on Saturday.

Separately, Weiss Ratings raised Wing Yip Food Holdings Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Wing Yip Food Holdings Group presently has an average rating of “Sell”.

Wing Yip Food Holdings Group Trading Down 6.3%

Shares of Wing Yip Food Holdings Group stock opened at $5.35 on Friday. Wing Yip Food Holdings Group has a one year low of $1.56 and a one year high of $26.17. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.42 and a current ratio of 4.77. The firm has a fifty day moving average of $4.59 and a two-hundred day moving average of $3.17.

Institutional Investors Weigh In On Wing Yip Food Holdings Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC grew its stake in shares of Wing Yip Food Holdings Group by 296.1% during the 4th quarter. Renaissance Technologies LLC now owns 60,200 shares of the company’s stock worth $33,000 after purchasing an additional 45,000 shares during the period. Centiva Capital LP purchased a new position in shares of Wing Yip Food Holdings Group in the 3rd quarter valued at about $37,000. Virtu Financial LLC acquired a new stake in shares of Wing Yip Food Holdings Group in the third quarter valued at about $38,000. Citadel Advisors LLC acquired a new stake in shares of Wing Yip Food Holdings Group in the third quarter valued at about $46,000. Finally, Goldman Sachs Group Inc. boosted its holdings in Wing Yip Food Holdings Group by 73.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 137,500 shares of the company’s stock worth $76,000 after buying an additional 58,045 shares in the last quarter.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group (NASDAQ:WYHG) is a specialist retailer and distributor of Asian food products, operating a network of hypermarkets, wholesale warehouses and online channels. The company’s core business encompasses the sourcing, importation and sale of a broad assortment of groceries from China, Southeast Asia and other regions, including fresh produce, frozen seafood, rice, noodles, sauces, spices and specialty ingredients.

Through its flagship hypermarkets in key metropolitan areas of the United Kingdom, Wing Yip provides both retail customers and foodservice operators with access to a comprehensive range of Asian culinary products.