Wing Yip Food Holdings Group (NASDAQ:WYHG) Lowered to Sell Rating by Wall Street Zen

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

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Wing Yip Food Holdings Group in a report on Monday, December 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Wing Yip Food Holdings Group Price Performance

WYHG opened at $0.76 on Friday. Wing Yip Food Holdings Group has a fifty-two week low of $0.63 and a fifty-two week high of $12.00. The company has a quick ratio of 3.61, a current ratio of 3.75 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average of $0.94 and a 200-day moving average of $1.21.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WYHG. Citadel Advisors LLC bought a new stake in Wing Yip Food Holdings Group during the 3rd quarter worth about $46,000. Virtu Financial LLC acquired a new position in shares of Wing Yip Food Holdings Group during the third quarter worth approximately $38,000. Finally, Centiva Capital LP bought a new stake in shares of Wing Yip Food Holdings Group during the third quarter valued at approximately $37,000.

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.