Webis (LON:WEB) Shares Down 35.6% – Time to Sell?

Shares of Webis Holdings plc (LON:WEB) dropped 35.6% during mid-day trading on Monday . The company traded as low as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 257,015 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 634,135 shares. The stock had previously closed at GBX 0.19 ($0.00).

Webis Trading Down 35.6 %

The firm’s fifty day moving average price is GBX 0.56 and its 200-day moving average price is GBX 0.91. The company has a market cap of £491,675.00, 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 current ratio of 1.31 and a quick ratio of 1.13.

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.