Fenbo (NASDAQ:FEBO) Stock Price Up 5.6% – What’s Next?

Fenbo Holdings Limited (NASDAQ:FEBO)’s stock price traded up 5.6% during trading on Tuesday. The company traded as high as $0.6966 and last traded at $0.6966. 34,857 shares changed hands during trading, a decline of 76% from the average daily volume of 143,806 shares. The stock had previously closed at $0.6599.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Fenbo from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Fenbo has an average rating of “Sell”.

Fenbo Stock Up 1.5%

The business has a 50-day simple moving average of $0.76 and a two-hundred day simple moving average of $0.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.07 and a quick ratio of 1.72.

Fenbo Company Profile

Fenbo Holdings Limited (NASDAQ: FEBO) is a consumer-products company focused on the design, manufacture and sale of personal-care and hair-styling products. Its product portfolio includes electric hair curlers, hair straighteners, hair dryers, hair clippers and related grooming appliances.

The company operates primarily through manufacturing activities in China and serves customers through a combination of branded products, original equipment manufacturing and original design manufacturing arrangements.