Webis (LON:WEB) Trading Up 20% – Time to Buy?

Webis Holdings plc (LON:WEB)’s stock price rose 20% on Thursday . The stock traded as high as GBX 0.48 ($0.01) and last traded at GBX 0.48 ($0.01). Approximately 67,567 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 314,426 shares. The stock had previously closed at GBX 0.40 ($0.01).

Webis Trading Down 68.8 %

The company’s fifty day moving average price is GBX 0.63 and its two-hundred day moving average price is GBX 0.96. The firm has a market cap of £491,675.00, a PE ratio of 14.13 and a beta of 0.68. 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.

About Webis

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.