Should You Sell Webuy Global Ltd (WBUY) And Go Away This Year?

Webuy Global Ltd (NASDAQ:WBUY) currently has a daily average trading volume of 41.42M but it saw 48475707 shares traded in last market. With a market cap of 16.77M USD, the company’s current market price of $0.18 came rising about 6.25 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.82 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1751 while lowest mark touched by it was $0.199.

Taking a look at 20-day trading activity of Webuy Global Ltd (WBUY) gives us an average price of $0.1832, while its current price level is -78.17% below from 52-week high level whereas it is 70.10% 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 $0.1678 while that of 200 days or SMA-200 reads an average of $0.2405. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.24% during that period while stretching the period over a month that increases to 13.92%. 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 49.87 which implies that the stock is in neutral territory.

Over the week, WBUY’s stock price is moving -1.11% down while it is -3.78% when we observe its performance for the past one month. Year-to-date it is -65.10% down and over the past year, the stock is showing a downside performance of -70.64%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.07.

Currently, Webuy Global Ltd’s total number of outstanding shares is 61.57M with 70.15% of that held by the insiders while 1.79% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -57.86% and return on equity (ROE) at -345.89%. Stock’s beta reads 2.52. Stock has a price to book (P/B) ratio of 2.63 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is -21.52% on average.