Webuy Global Ltd (NASDAQ:WBUY) does about 41.37M shares in volume on a normal day but saw 6773203 shares change hands in the recent trading day. The company now has a market cap of 14.85M USD. Its current market price is $0.17, marking a decrease of -2.27% compared to the previous close of $0.17. The 52 week high reached by this stock is $0.82 whilst the lowest price level in 52 weeks is $0.10.
Webuy Global Ltd (WBUY) has a 20-day trading average at $0.1830 and the current price is -79.46% off the 52-week high compared with 60.10% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1667 and its 200-day simple moving average is $0.2416. If we look at the stock’s price movements over the week, volatility stands at 13.39%, which increases to 13.95% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.36 to suggest the stock is neutral.
The consensus objective for the share price is $0.85, suggesting that the stock has a potential upside of 80.0% over the period.
The current price level is -8.14%, 0.83%, and -30.42% away from its SMA20, SMA50, and SMA200 respectively, with the WBUY price moving below the 50-day SMA on current market day. Webuy Global Ltd (WBUY) stock is down -25.95% over the week and -12.08% over the past month. Its price is -67.05% year-to-date and -72.94% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.07 for whole year.
To reach the target analysts have set, the stock logically needs to grow 80.0 percent from here.
Outstanding shares total 61.57M with insiders holding 70.15% of the shares and institutional holders owning 1.79% of the company’s common stock. The company has a return on investment of -57.86% and return on equity of -345.89%. The beta has a value of 2.41. Price to book ratio is 2.47 and price to sales ratio is 0.23.
