Webis (LON:WEB) Stock Price Down 24.3% – What’s Next?

Webis Holdings plc (LON:WEB) shares fell 24.3% during trading on Monday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 704,380 shares traded hands during trading, an increase of 59% from the average session volume of 444,039 shares. The stock had previously closed at GBX 0.14 ($0.00).

Webis Trading Down 13.6 %

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 market capitalization of £424,807.20, a price-to-earnings ratio of 14.13 and a beta of 0.68. The business’s 50-day moving average price is GBX 0.61 and its two-hundred day moving average price is GBX 0.94.

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.