Webis (LON:WEB) Stock Price Up 51.3% – Here’s Why

Webis Holdings plc (LON:WEB)’s stock price traded up 51.3% on Thursday . The stock traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.12 ($0.00). 3,086,722 shares traded hands during trading, an increase of 324% from the average session volume of 728,663 shares. The stock had previously closed at GBX 0.08 ($0.00).

Webis Price Performance

The stock has a market cap of £393,340.00, a price-to-earnings ratio of 14.13 and a beta of 0.68. The company has a debt-to-equity ratio of 7,278.12, a quick ratio of 1.13 and a current ratio of 1.31. The company has a 50-day simple moving average of GBX 0.43 and a two-hundred day simple moving average of GBX 0.81.

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.