Woodbois (LON:WBI) Shares Down 8.3% – Time to Sell?

Shares of Woodbois Limited (LON:WBI) were down 8.3% during mid-day 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 changed hands 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 Trading Down 13.3 %

The company has a debt-to-equity ratio of 2.54, a current ratio of 1.14 and a quick ratio of 0.49. The stock has a market capitalization of £3.25 million, a P/E ratio of -0.27 and a beta of 0.50. The firm’s 50 day moving average price is GBX 0.06 and its 200 day moving average price 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.