Webis (LON:WEB) Stock Price Down 17.4% – Should You Sell?

Webis Holdings plc (LON:WEBGet Free Report) dropped 17.4% during mid-day trading on Monday . The company traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 4,123,178 shares traded hands during mid-day trading, an increase of 502% from the average daily volume of 685,281 shares. The stock had previously closed at GBX 0.12 ($0.00).

Webis Price Performance

The company has a quick ratio of 1.13, a current ratio of 1.31 and a debt-to-equity ratio of 7,278.12. The company has a market capitalization of £393,340.00, a P/E ratio of 14.13 and a beta of 0.68. The company’s fifty day moving average price is GBX 0.46 and its 200 day moving average price is GBX 0.82.

About Webis

(Get Free Report)

Webis Holdings plc, through its subsidiaries, provides pari-mutuel wagering services in the United States of America and Isle of Man. It operates through two segments: Racetrack and ADW Operations. The company offers deposit wagering services by passing wagers directly into global racetrack betting pools in real time; pari-mutuel wagering or pool-betting services through a range of distribution channels; business-to-business wagering product; and business trading product, as well as operates a telephone call center.

Further Reading

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