Weyland Tech Inc (OTCMKTS:WEYL) shares were up 2.6% during mid-day trading on Thursday . The company traded as high as $0.40 and last traded at $0.39, approximately 29,882 shares changed hands during mid-day trading. A decline of 64% from the average daily volume of 83,732 shares. The stock had previously closed at $0.38.
The stock’s 50-day moving average is $0.54 and its 200-day moving average is $0.53.
Weyland Tech (OTCMKTS:WEYL) last announced its earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $7.14 million during the quarter. Weyland Tech had a negative net margin of 14.40% and a negative return on equity of 79.01%.
Weyland Tech Inc provides e-commerce solutions and services that facilitate business-to-consumer and business-to-business transactions to small-medium-sized businesses and resellers. The company offers CreateApp platform to create a mobile application in Singapore, India, and the United States/Canada; and DIY App builder through a white label platform in European Union, Malaysia, Hong Kong, South China, Indonesia, North America, Thailand, the Philippines, and France.
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