Woodbois (LON:WBI) Trading Down 12.5% – Here’s What Happened

by · The Cerbat Gem

Woodbois Limited (LON:WBI – Get Free Report)’s share price traded down 12.5% during mid-day trading on Friday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 11,615,371 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 69,855,883 shares. The stock had previously closed at GBX 0.04 ($0.00).

Woodbois Price Performance

The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.49 and a current ratio of 1.14. The stock has a market capitalization of £2.19 million, a price-to-earnings ratio of -0.18 and a beta of 0.50. The company has a fifty day simple moving average of GBX 0.08 and a two-hundred day simple moving average of GBX 0.25.

Woodbois Company Profile

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Woodbois Limited is an active leader in forestry management which produces and trades in sustainable African hardwood products while seeking positive impact on people and the planet.

Woodbois’ forestry division has production facilities in Gabon and Mozambique, managing a total of c470,000 hectares of natural forest concessions.

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