Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Webis Holdings plc, through its subsidiaries, operates in the gaming and technology sectors. 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; and business-to business wagering product, as well as operates a telephone call center. It also provides wagering opportunities primarily on horse and greyhound racing in the United States, Hong Kong, Canada, the United Kingdom, Ireland, Australia, South Africa, and France, as well as wagering facilities to customers through its website, watchandwager.com. In addition, the company operates Cal Expo Harness Racetrack in Sacramento, California. Webis Holdings plc was incorporated in 1998 and is based in Douglas, Isle of Man.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.