Weshop (NASDAQ:WSHP) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of Weshop (NASDAQ:WSHP) from a hold rating to a sell rating in a report released on Saturday morning,Wall Street Zen reports.

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

Weshop Stock Performance

Shares of NASDAQ WSHP opened at $5.03 on Friday. Weshop has a 52 week low of $4.32 and a 52 week high of $250.00. The firm has a 50 day moving average price of $5.51.

Weshop (NASDAQ:WSHP) last released its quarterly earnings data on Monday, August 24th. The company reported ($0.30) EPS for the quarter. The firm had revenue of $0.04 million for 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.