Woodbois (LON:WBI) Stock Price Down 8.1% – What’s Next?

Woodbois Limited (LON:WBI)’s stock price dropped 8.1% during mid-day trading on Monday . The stock traded as low as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 9,250,877 shares were traded during trading, a decline of 91% from the average daily volume of 97,836,930 shares. The stock had previously closed at GBX 0.14 ($0.00).

Woodbois Price Performance

The stock has a 50-day simple moving average of GBX 0.20 and a 200 day simple moving average of GBX 0.33. The stock has a market capitalization of £4.78 million, a P/E ratio of -8.50 and a beta of 0.50. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.49 and a current ratio of 1.14.

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.