Planet Image International (NASDAQ:YIBO) Releases Earnings Results

Planet Image International (NASDAQ:YIBO) announced its earnings results on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $34.64 million during the quarter.

Planet Image International Price Performance

NASDAQ:YIBO opened at $1.19 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 0.14. Planet Image International has a one year low of $0.63 and a one year high of $1.82. The stock has a 50-day simple moving average of $1.21 and a 200 day simple moving average of $1.07.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Planet Image International in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Planet Image International Company Profile

Planet Image International Limited is a Cayman Islands holding company that operates through subsidiaries in China. The company is engaged in the design, production and sale of personalized photo products, allowing customers to turn digital images into customized physical goods.

Its product offerings include photobooks and photo albums, as well as other personalized items such as wall art, calendars, greeting cards and photo-related gifts. Planet Image primarily reaches customers through online channels and uses digital ordering and customization tools to support the creation of made-to-order products.

The company’s operations and customer base are primarily focused on China.