Wing Yip Food Holdings Group (NASDAQ:WYHG) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings upgraded Wing Yip Food Holdings Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Wing Yip Food Holdings Group presently has a consensus rating of “Sell”.

Wing Yip Food Holdings Group Stock Performance

Shares of NASDAQ WYHG opened at $5.15 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.77 and a quick ratio of 4.42. The business’s 50 day moving average price is $4.62 and its two-hundred day moving average price is $3.20. Wing Yip Food Holdings Group has a twelve month low of $1.56 and a twelve month high of $26.17.

Hedge Funds Weigh In On Wing Yip Food Holdings Group

A number of hedge funds have recently bought and sold shares of the business. Virtu Financial LLC acquired a new position in shares of Wing Yip Food Holdings Group during the 3rd quarter worth approximately $38,000. Centiva Capital LP acquired a new stake in Wing Yip Food Holdings Group during the third quarter worth approximately $37,000. Citadel Advisors LLC acquired a new stake in Wing Yip Food Holdings Group during the third quarter worth approximately $46,000. Goldman Sachs Group Inc. increased its stake in Wing Yip Food Holdings Group by 73.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 137,500 shares of the company’s stock worth $76,000 after acquiring an additional 58,045 shares during the period. Finally, Renaissance Technologies LLC increased its stake in 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 acquiring an additional 45,000 shares during the period.

About Wing Yip Food Holdings Group

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.