Webuy Global Ltd (NASDAQ: WBUY) is -22.52% 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 $0.13 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.13, the stock is -21.03% and -24.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.72 million and changing 6.68% at the moment leaves the stock -40.32% off its SMA200. WBUY registered -72.05% loss for a year compared to 6-month gain of -22.65%. The firm has a 50-day simple moving average (SMA 50) of $0.17694 and a 200-day simple moving average (SMA200) of $0.22627.
The stock witnessed a -24.65% loss in the last 1 month and extending the period to 3 months gives it a 7.36%, and is -20.59% 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 13.17% over the week and 14.55% over the month.
Webuy Global Ltd (WBUY) has around 218 employees, a market worth around $12.45M and $65.44M in sales. Profit margin for the company is -6.80%. Distance from 52-week low is 27.81% and -83.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.86%).
The shares outstanding are 61.57M, and float is at 21.67M with Short Float at 8.04%.
