WeBuy Global (NASDAQ:WBUY) Trading Down 2.3% – What’s Next?

Shares of WeBuy Global Ltd. (NASDAQ:WBUY) traded down 2.3% on Tuesday . The company traded as low as $2.55 and last traded at $2.56. 21,304 shares were traded during trading, a decline of 69% from the average session volume of 67,968 shares. The stock had previously closed at $2.62.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of WeBuy Global in a report on Wednesday, October 8th. Wall Street Zen lowered WeBuy Global to a “strong sell” rating in a report on Saturday, June 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

WeBuy Global Price Performance

The company has a fifty day simple moving average of $3.13 and a two-hundred day simple moving average of $4.59.

About WeBuy Global

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.