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

Woodbois Limited (LON:WBI) shares traded down 9.8% during trading on Monday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 138,600,984 shares were traded during 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 Stock Performance

The stock has a fifty day simple moving average of GBX 0.26 and a 200 day simple moving average of GBX 0.34. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.49 and a current ratio of 1.14. The firm has a market cap of £6.72 million, a P/E ratio of -8.50 and a beta of 0.50.

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.