What's Going On With WeTrade Group Stock?

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WeTrade Group, Inc. WETG shares are trading higher on Friday. The stock is higher and trending on social media sites despite a lack of company-specific news. Here's a look at what's going on.
What To Know:

WeTrade Group reported its fiscal year 2022 financial results last Friday including fiscal year revenue of $11.67 million representing a decrease of 18.8% from the previous year. The company also reported total assets of $46,229,241. 

WeTrade has garnered the attention of retail investors, and WETG is currently listed as one of the tp trending tickers on StockTwits

WeTrade Group Inc. is a global  "software as a service" (SaaS) technology service provider providing technical support and digital tools for enterprises across different industries. The four business segments of WeTrade Group are YCloud, WTPay,Y-Health and YG. WTPay supports multiple methods of online payment and eight mainstream digital wallets in over 100 countries to help customers quickly realize global collection and payment business.

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WETG Price Action: According to Benzinga Pro, shares of WETG are trading 8.34% higher at $9.50 at the time of publication.

Image: geralt from Pixabay
 

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