Woodbois Limited (WBI.L) (LON:WBI) Shares Gap Down to $3.10

Woodbois Limited (WBI.L) (LON:WBI) gapped down prior to trading on Tuesday . The stock had previously closed at $3.10, but opened at $2.90. Woodbois Limited (WBI.L) shares last traded at $2.90, with a volume of 8,356,211 shares.

The stock has a market capitalization of £42.35 million and a price-to-earnings ratio of -2.57. The company has a current ratio of 0.95, a quick ratio of 0.28 and a debt-to-equity ratio of 40.09. The stock’s 50 day moving average is GBX 2.71 and its two-hundred day moving average is GBX 2.85.

About Woodbois Limited (WBI.L) (LON:WBI)

Woodbois Limited, together with its subsidiaries, engages in the forestry, timber projects, and timber trading businesses in Africa. The company is also involved in shared services and property holding activities; forestry activities; and the production, trading, and distribution of timber. It offers lumber used for making doors, windows and frames, decking, flooring, housing construction, railway sleepers, cabinet making, furniture, and high end interior finishes; veneers, which is used in the production of plywood for construction and boat-building industries; and plywood used for concrete shuttering.

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