Woodbois (LON:WBI) Stock Price Down 9.8% – Should You Sell?

Woodbois Limited (LON:WBI)’s stock price traded down 9.8% during trading on Monday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 138,600,984 shares traded hands during mid-day trading, an increase of 128% from the average session volume of 60,835,160 shares. The stock had previously closed at GBX 0.19 ($0.00).

Woodbois Trading Down 9.8 %

The stock has a market capitalization of £6.87 million, a P/E ratio of -8.50 and a beta of 0.50. The firm’s 50 day simple moving average is GBX 0.27 and its two-hundred day simple moving average is GBX 0.35. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 2.54.

About Woodbois

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.