Webis (LON:WEB) Stock Price Down 10.3% – Here’s What Happened

Shares of Webis Holdings plc (LON:WEBGet Free Report) traded down 10.3% during trading on Wednesday . The stock traded as low as GBX 0.63 ($0.01) and last traded at GBX 0.63 ($0.01). 61,000 shares changed hands during trading, a decline of 82% from the average session volume of 331,064 shares. The stock had previously closed at GBX 0.70 ($0.01).

Webis Stock Down 10.3 %

The business’s 50 day simple moving average is GBX 0.74 and its 200 day simple moving average is GBX 1.06. The company has a current ratio of 1.31, a quick ratio of 1.13 and a debt-to-equity ratio of 7,278.12. The firm has a market capitalization of £2.47 million, a PE ratio of 14.13 and a beta of 0.68.

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.

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