10 Micro and Small-Cap Firms Drive Year-to-Date Gains

5. Wang & Lee Group Inc. (NASDAQ:WLGS)

Wang & Lee Group surged by 277.8 percent year-to-date, ending Friday’s trading at $6.65 apiece versus the $1.76 registered on December 31, as investors cheered news of various partnership agreements in Hong Kong.

WLGS, a construction contractor company with a market capitalization of $100.37 million, registered its highest price of $8.6 on February 10, marking a 388.6-percent surge from December 31.

Last week alone, WLGS announced that it clinched two partnership deals—with Jinshan Hi-Tech Group for Innovative Waste Treatment Solutions, and with City University of Hong Kong for a Kinetic Energy Project.

According to WLGS, its partnership with Jinshan would address domestic waste treatment in Hong Kong by combining WLGS’ green energy expertise and ESG solutions supported by Jinshan’s innovative technologies.

Meanwhile, it also partnered with the City University for the research and development of kinetic technology which aims to transform energy generated by a single footstep into renewable power via state-of-the-art energized panels.