Webis (LON:WEB) Trading Up 13.3% – What’s Next?

Shares of Webis Holdings plc (LON:WEBGet Free Report) rose 13.3% during mid-day trading on Wednesday . The company traded as high as GBX 0.68 ($0.01) and last traded at GBX 0.68 ($0.01). Approximately 597,183 shares traded hands during trading, an increase of 78% from the average daily volume of 335,316 shares. The stock had previously closed at GBX 0.60 ($0.01).

Webis Stock Up 13.3 %

The company has a 50-day moving average price of GBX 0.76 and a 200 day moving average price of GBX 1.07. The firm has a market capitalization of £2.67 million, a PE ratio of 14.13 and a beta of 0.68. The company has a debt-to-equity ratio of 7,278.12, a current ratio of 1.31 and a quick ratio of 1.13.

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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