Webuy Global Ltd (NASDAQ: WBUY): Think Like A Lender, Not An Investor

Webuy Global Ltd (NASDAQ:WBUY) currently has a daily average trading volume of 35.18M but it saw 11957770 shares traded in last market. With a market cap of 15.68M USD, the company’s current market price of $0.19 came falling about -0.42 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.30 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.17 while lowest mark touched by it was $0.2178.

Taking a look at 20-day trading activity of Webuy Global Ltd (WBUY) gives us an average price of $0.1632, while its current price level is -98.68% below from 52-week high level whereas it is 80.00% 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 $0.1444 while that of 200 days or SMA-200 reads an average of $0.2715. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.91% during that period while stretching the period over a month that decreases to 24.82%. 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 56.55 which implies that the stock is in neutral territory.

Over the week, WBUY’s stock price is moving -18.57% down while it is 34.14% when we observe its performance for the past one month. Year-to-date it is -62.95% down and over the past year, the stock is showing a downside performance of -96.64%.

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’s beta reads 1.07. Stock has a price to book (P/B) ratio of 2.78 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is -21.52% on average.