Woodbois (LON:WBI) Trading Down 8.3% – What’s Next?

Woodbois Limited (LON:WBI) was down 8.3% during trading on Friday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 16,606,725 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 63,264,609 shares. The stock had previously closed at GBX 0.06 ($0.00).

Woodbois Price Performance

The stock has a market capitalization of £3.06 million, a price-to-earnings ratio of -0.25 and a beta of 0.50. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 2.54. The company’s 50 day moving average is GBX 0.06 and its 200 day moving average is GBX 0.22.

Woodbois Company Profile

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.