WeBuy Global (WBUY) to Release Quarterly Earnings on Wednesday

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

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

WeBuy Global Trading Up 0.9%

NASDAQ:WBUY opened at $1.09 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.88. WeBuy Global has a one year low of $1.00 and a one year high of $28.85. The company’s 50-day simple moving average is $1.43 and its 200 day simple moving average is $2.24.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of WeBuy Global in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, WeBuy Global 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.