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

Shares of Webis Holdings plc (LON:WEBGet Free Report) were up 20% during trading on Thursday . The company traded as high as GBX 0.48 ($0.01) and last traded at GBX 0.48 ($0.01). Approximately 67,567 shares were traded during 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 Price Performance

The company has a market capitalization of £491,675.00, a P/E ratio of 14.13 and a beta of 0.68. The business’s 50-day simple moving average is GBX 0.63 and its 200 day simple moving average is GBX 0.96. 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.

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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