Woodbois (LON:WBI) Shares Down 6% – What’s Next?

Woodbois Limited (LON:WBI)’s share price fell 6% during trading on Thursday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00). 8,424,392 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 89,083,391 shares. The stock had previously closed at GBX 0.05 ($0.00).

Woodbois Trading Up 4.4 %

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 firm has a market capitalization of £2.94 million, a PE ratio of -0.24 and a beta of 0.50. The business’s 50-day moving average price is GBX 0.13 and its 200-day moving average price is GBX 0.28.

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.