Webuy Global Ltd (NASDAQ: WBUY) is -1.50% lower on its value in year-to-date trading and has touched a low of $0.10 and a high of $0.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WBUY stock was last observed hovering at around $0.18 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.17, the stock is -4.52% and -2.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.2 million and changing -4.69% at the moment leaves the stock -26.61% off its SMA200. WBUY registered -68.75% loss for a year compared to 6-month gain of 2.65%. The firm has a 50-day simple moving average (SMA 50) of $0.1736 and a 200-day simple moving average (SMA200) of $0.23365.
The stock witnessed a -8.77% loss in the last 1 month and extending the period to 3 months gives it a 24.25%, and is -2.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.83% over the week and 12.85% over the month.
Webuy Global Ltd (WBUY) has around 218 employees, a market worth around $15.47M and $65.44M in sales. Profit margin for the company is -6.80%. Distance from 52-week low is 62.48% and -79.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.86%).
.
Webuy Global Ltd (WBUY) Top Institutional Holders
The shares outstanding are 61.57M, and float is at 21.67M with Short Float at 6.47%.
Webuy Global Ltd (WBUY) Insider Activity
#####
