Webis (LON:WEB) Trading Up 23.3% – Time to Buy?

Webis Holdings plc (LON:WEB) rose 23.3% during trading on Friday . The company traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 66,911 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 780,766 shares. The stock had previously closed at GBX 0.06 ($0.00).

Webis Stock Down 30.0 %

The company has a market cap of £165,202.80, a PE ratio of 14.13 and a beta of 0.68. The company’s 50 day moving average is GBX 0.34 and its 200 day moving average is GBX 0.74. 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.

Webis Company Profile

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.