Webus International (NASDAQ:WETO) Stock Price Down 1.1% – Should You Sell?

Webus International Limited (NASDAQ:WETOGet Free Report) shares traded down 1.1% during trading on Thursday . The company traded as low as $0.90 and last traded at $0.9001. 19,800 shares were traded during mid-day trading, an increase of 77% from the average session volume of 11,212 shares. The stock had previously closed at $0.91.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Webus International in a report on Monday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

View Our Latest Report on Webus International

Webus International Stock Performance

The firm’s 50 day moving average is $1.34 and its two-hundred day moving average is $1.90.

Webus International Company Profile

(Get Free Report)

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.

Further Reading

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