WF (NASDAQ:WFF) Stock Moved Down to Sell by Wall Street Zen

Wall Street Zen lowered shares of WF (NASDAQ:WFF) from a hold rating to a sell rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings upgraded WF from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 9th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

WF Stock Down 33.1%

Shares of NASDAQ WFF opened at $0.11 on Friday. WF has a 1 year low of $0.10 and a 1 year high of $50.60. The company has a quick ratio of 4.74, a current ratio of 4.99 and a debt-to-equity ratio of 0.02. The stock’s 50-day simple moving average is $2.45 and its 200-day simple moving average is $2.18.

WF (NASDAQ:WFF) last issued its quarterly earnings results on Friday, October 2nd. The company reported ($5.70) earnings per share (EPS) for the quarter. The company had revenue of $1.53 million for the quarter.

WF Company Profile

W.F Holding Ltd. engages in the manufacture of fiberglass reinforced plastic and FRP products. It sells a range of FRP products, including filament wound and molded tanks, thermoplastic tanks, lining products, ducting and fitting products, air pollution control equipment, and custom-made products. The firm also offer delivery, installation and repair, maintenance services, and on-site consultation services. The company was founded on March 7, 2023 and is headquartered in Shah Alam, Malaysia.