WeBuy Global (WBUY) Projected to Post Earnings on Wednesday

WeBuy Global (NASDAQ:WBUY) is anticipated to issue its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $67.20 million for the quarter.

WeBuy Global (NASDAQ:WBUY) last issued its earnings results on Wednesday, October 29th. The company reported ($4.25) earnings per share (EPS) for the quarter. The business had revenue of $4.56 million during the quarter.

WeBuy Global Stock Down 1.8%

Shares of WBUY stock opened at $1.07 on Tuesday. The stock has a 50-day moving average of $1.42 and a 200-day moving average of $2.22. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.39. WeBuy Global has a one year low of $1.00 and a one year high of $28.85.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e)” rating on shares of WeBuy Global in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

WeBuy Global Company Profile

WeBuy Global Holdings Ltd (NASDAQ: WBUY) is a Cayman Islands–registered e-commerce company that operates a vertically integrated platform for sourcing, marketing and distributing consumer goods to both international and domestic markets. The company is primarily engaged in two business segments: cross-border e-commerce, which focuses on selling factory-direct and overstock products to overseas consumers, and domestic distribution and wholesale, which provides supply-chain and bulk-sales services to retailers and third-party platforms within China.

In its cross-border e-commerce segment, WeBuy Global leverages proprietary online channels and partnerships with major global marketplaces to offer categories such as home and kitchen appliances, furniture and home décor, personal care items and small electronics.