Weshop (NASDAQ:WSHP) Releases Earnings Results

Weshop (NASDAQ:WSHP) posted its earnings results on Monday. The company reported ($0.30) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $0.04 million during the quarter.

Weshop Price Performance

WSHP stock traded up $0.10 during trading on Monday, reaching $4.77. The company had a trading volume of 38,196 shares, compared to its average volume of 463,742. Weshop has a 52 week low of $4.32 and a 52 week high of $250.00. The business’s 50 day moving average price is $5.54.

Analysts Set New Price Targets

Several research firms have weighed in on WSHP. Weiss Ratings started coverage on Weshop in a report on Thursday, June 18th. They issued a “sell (e+)” rating for the company. Wall Street Zen raised Weshop from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Weshop presently has an average rating of “Sell”.

Weshop Company Profile

WeShop’s mission is to create a global, e-commerce social community empowered by user ownership. WeShop is a shoppable social network. It is a community built for shoppers to inspire, guide and earn rewards. In one platform, we have blended User-Generated Content specific to products, online retail, and a rewards mechanism relevant to people interested in share ownership. WeShop is a community owned social commerce platform offering shoppers the option to receive shares in the Company every time they make a purchase or refer a new user who makes purchases.