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Webus International (NASDAQ:WETO) Stock Price Down 9.2% - Should You Sell?

Webus International logo with Transportation background

Shares of Webus International Ltd. (NASDAQ:WETO - Get Free Report) dropped 9.2% during trading on Thursday . The stock traded as low as $2.55 and last traded at $2.56. Approximately 266,032 shares were traded during mid-day 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 7.4%

The company has a 50 day simple moving average of $3.56.

About Webus International

(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.

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