Webus International Ltd. (NASDAQ:WETO – Get Free Report)’s share price dropped 9.2% during mid-day trading on Thursday . The company traded as low as $2.55 and last traded at $2.56. Approximately 266,032 shares traded hands during trading, a decline of 60% from the average daily volume of 660,693 shares. The stock had previously closed at $2.82.
Webus International Trading Down 9.2%
The business’s 50-day simple moving average is $3.58.
About Webus International
Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.
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