Woodbois (LON:WBI) Shares Down 5.4% – Time to Sell?

Woodbois Limited (LON:WBI) traded down 5.4% during mid-day trading on Monday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.11 ($0.00). 45,438,453 shares were traded during mid-day trading, a decline of 50% from the average session volume of 91,381,023 shares. The stock had previously closed at GBX 0.11 ($0.00).

Woodbois Price Performance

The company has a market cap of £4.15 million, a price-to-earnings ratio of -8.50 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 business has a 50-day moving average price of GBX 0.19 and a 200 day moving average price of GBX 0.32.

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.