Webuy Global Ltd (NASDAQ: WBUY) is -25.52% 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 -17.50% and -27.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing -0.46% at the moment leaves the stock -40.79% off its SMA200. WBUY registered -67.35% loss for a year compared to 6-month gain of -9.47%. The firm has a 50-day simple moving average (SMA 50) of $0.1789 and a 200-day simple moving average (SMA200) of $0.2193.
The stock witnessed a -23.67% loss in the last 1 month and extending the period to 3 months gives it a -2.86%, and is -3.87% 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 7.58% over the week and 9.92% over the month.
Webuy Global Ltd (WBUY) has around 218 employees, a market worth around $11.96M and $65.44M in sales. Profit margin for the company is -6.80%. Distance from 52-week low is 22.86% and -84.24% 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 24.87M with Short Float at 7.01%.
