Webuy Global Ltd [NASDAQ: WBUY] loss -0.94% or 0.0 points to close at $0.17 with a heavy trading volume of 5696231 shares.
The daily chart for WBUY points out that the company has recorded 0.66% gains over the past six months.
If we look at the average trading volume of 43.46M shares, WBUY reached to a volume of 5696231 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Webuy Global Ltd [WBUY]:
The Average True Range (ATR) for Webuy Global Ltd is set at 0.03, with the Price to Sales ratio for WBUY stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 2.49, with the Price to Cash per share for the same quarter was set at 0.02.
Trading performance analysis for WBUY stock
Webuy Global Ltd [WBUY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.93. With this latest performance, WBUY shares dropped by -6.06% in over the last four-week period, additionally plugging by 0.66% over the last 6 months – not to mention a drop of -67.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WBUY stock in for the last two-week period is set at 46.26, with the RSI for the last a single of trading hit 43.17, and the three-weeks RSI is set at 48.23 for Webuy Global Ltd [WBUY]. The present Moving Average for the last 50 days of trading for this stock 0.1750, while it was recorded at 0.1732 for the last single week of trading, and 0.2313 for the last 200 days.
Webuy Global Ltd [WBUY]: A deeper dive into fundamental analysis
Webuy Global Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 1.16.
