Wing Yip Food Holdings Group (NASDAQ:WYHG) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $3.27 and traded as high as $4.07. Wing Yip Food Holdings Group shares last traded at $3.98, with a volume of 349,572 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on WYHG shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wing Yip Food Holdings Group in a research report on Friday, September 25th. Wall Street Zen upgraded Wing Yip Food Holdings Group to a “hold” rating in a research report on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Wing Yip Food Holdings Group presently has an average rating of “Sell”.

Wing Yip Food Holdings Group Price Performance

The company has a 50-day moving average of $3.74 and a 200 day moving average of $3.27.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group Limited is a food manufacturing and distribution company focused on traditional Chinese food products. Through its operating subsidiaries, the company produces and sells Chinese-style sausages, cured meat and related prepared-food products.

The company’s products are marketed primarily to consumers and food-service customers seeking Chinese specialty foods. Its business includes the processing, packaging and distribution of its products through established sales channels in the markets it serves.

Publicly available information about Wing Yip Food Holdings Group’s corporate history, geographic reach and leadership is limited.