Webuy Global Ltd (WBUY): A Technical Analysis

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The average trading volume of WBUY on May 09, 2024 was 482.18K shares.

WBUY) stock’s latest price update

The stock of Webuy Global Ltd (NASDAQ: WBUY) has increased by 10.64 when compared to last closing price of 0.47.Despite this, the company has seen a gain of 39.78% in its stock price over the last five trading days. GlobeNewsWire reported 2024-05-08 that Webuy invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference. Webuy invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.

WBUY’s Market Performance

Webuy Global Ltd (WBUY) has seen a 39.78% rise in stock performance for the week, with a 31.61% gain in the past month and a 16.46% surge in the past quarter. The volatility ratio for the week is 12.03%, and the volatility levels for the past 30 days are at 11.99% for WBUY.. The simple moving average for the past 20 days is 43.48% for WBUY’s stock, with a -67.29% simple moving average for the past 200 days.

WBUY Trading at 33.92% from the 50-Day Moving Average

After a stumble in the market that brought WBUY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.36% of loss for the given period.

Volatility was left at 11.99%, however, over the last 30 days, the volatility rate increased by 12.03%, as shares surge +30.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.81% upper at present.

During the last 5 trading sessions, WBUY rose by +39.78%, in comparison to the 20-day moving average, which settled at $0.3685. In addition, Webuy Global Ltd saw 1.94% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for WBUY

Current profitability levels for the company are sitting at:

  • -0.08 for the present operating margin
  • 0.08 for the gross margin

The net margin for Webuy Global Ltd stands at -0.08. The total capital return value is set at -0.64.

Based on Webuy Global Ltd (WBUY), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at -1.3. The debt to equity ratio resting at 0.97. The interest coverage ratio of the stock is -17.52.

Currently, EBITDA for the company is -3.53 million with net debt to EBITDA at -0.04. When we switch over and look at the enterprise to sales, we see a ratio of 0.5. The receivables turnover for the company is 4.25for trailing twelve months and the total asset turnover is 2.04.

Conclusion

To put it simply, Webuy Global Ltd (WBUY) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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