Webis (LON:WEB) Trading 20% Higher – Here’s Why

Webis Holdings plc (LON:WEB)’s stock price traded up 20% during trading on Tuesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 795,970 shares changed hands during trading, an increase of 25% from the average session volume of 635,450 shares. The stock had previously closed at GBX 0.15 ($0.00).

Webis Trading Down 29.3 %

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. The business’s fifty day moving average is GBX 0.53 and its 200 day moving average is GBX 0.88. The firm has a market capitalization of £416,940.40, a price-to-earnings ratio of 14.13 and a beta of 0.68.

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.