Webis (LON:WEB) Trading Up 51.3% – What’s Next?

Shares of Webis Holdings plc (LON:WEB) shot up 51.3% during trading on Thursday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.12 ($0.00). 3,086,722 shares were traded during mid-day 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 company has a debt-to-equity ratio of 7,278.12, a current ratio of 1.31 and a quick ratio of 1.13. The company has a fifty day moving average price of GBX 0.40 and a 200 day moving average price of GBX 0.78. The company has a market capitalization of £216,337.00, a P/E ratio of 14.13 and a beta of 0.68.

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.