It’s Not A Fantasy To Think That Webuy Global Ltd (WBUY) Has Big Future Potential

Webuy Global Ltd (NASDAQ:WBUY) currently has a daily average trading volume of 6.69M but it saw 1476401 shares traded in last market. With a market cap of 11.35M USD, the company’s current market price of $0.13 came rising about 3.88 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.30 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.122 while lowest mark touched by it was $0.1344.

Taking a look at 20-day trading activity of Webuy Global Ltd (WBUY) gives us an average price of $0.1253, while its current price level is -99.06% below from 52-week high level whereas it is 24.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1336 while that of 200 days or SMA-200 reads an average of $0.3518. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.92% during that period while stretching the period over a month that decreases to 13.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.95 which implies that the stock is in neutral territory.

Over the week, WBUY’s stock price is moving -27.29% down while it is -8.84% when we observe its performance for the past one month. Year-to-date it is -73.73% down and over the past year.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Webuy Global Ltd’s total number of outstanding shares is 30.99M. Company’s return on investment (ROI) stands at -57.86% and return on equity (ROE) at -345.89%. Stock has a price to book (P/B) ratio of 1.97 while price to sale or P/S ratio amounts to 0.17. Its return on asset (ROA) is -21.52% on average.