Woodbois (LON:WBI) Trading Up 11.1% – Still a Buy?

Woodbois Limited (LON:WBI) was up 11.1% on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 4,211,790 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 88,978,820 shares. The stock had previously closed at GBX 0.05 ($0.00).

Woodbois Stock Performance

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 company’s 50 day moving average is GBX 0.13 and its two-hundred day moving average is GBX 0.28. The firm has a market cap of £2.81 million, a P/E ratio of -0.23 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.