Webuy Global (NASDAQ:WBUY) Trading Up 100.4% – Still a Buy?

Shares of Webuy Global Ltd (NASDAQ:WBUYGet Free Report) were up 100.4% during mid-day trading on Thursday . The company traded as high as $0.58 and last traded at $0.23. Approximately 1,490,098,226 shares changed hands during trading, an increase of 15,359% from the average daily volume of 9,639,029 shares. The stock had previously closed at $0.11.

Webuy Global Price Performance

The business has a fifty day simple moving average of $0.13 and a 200 day simple moving average of $0.22. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.14 and a current ratio of 1.16.

Webuy Global Company Profile

(Get Free Report)

Webuy Global Ltd operates as an e-commerce retailer company in Singapore, Indonesia, and Malaysia. The company sells food and beverages, fresh produces, lifestyle daily essential items, e-vouchers, miscellaneous daily needs products, and other personal care products, as well as sells packaged tours. Webuy Global Ltd was founded in 2019 and is based in Singapore.

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