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

Shares of Woodbois Limited (LON:WBI) fell 5.4% during mid-day trading on Monday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.11 ($0.00). 45,438,453 shares traded hands 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 Stock Down 3.2 %

The business’s fifty day simple moving average is GBX 0.18 and its 200 day simple moving average is GBX 0.32. The stock has a market cap of £3.63 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.

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.