Weshop (NASDAQ:WSHP) Rating Lowered to “Sell” at Wall Street Zen

Weshop (NASDAQ:WSHP) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings began coverage on shares of Weshop in a report on Thursday, June 18th. They set a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Weshop Price Performance

Shares of NASDAQ WSHP opened at $5.29 on Friday. The firm’s fifty day moving average price is $5.52. Weshop has a 1-year low of $4.32 and a 1-year high of $250.00.

Weshop (NASDAQ:WSHP) last issued its earnings results on Monday, August 24th. The company reported ($0.30) earnings per share (EPS) for the quarter. The business had revenue of $0.04 million during the quarter.

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.