Woodbois (LON:WBI) Trading Down 9.8% – Here’s What Happened

Woodbois Limited (LON:WBIGet Free Report) was down 9.8% during mid-day trading on Monday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 138,600,984 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 60,835,160 shares. The stock had previously closed at GBX 0.19 ($0.00).

Woodbois Stock Down 9.8 %

The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.49 and a current ratio of 1.14. The stock’s 50 day simple moving average is GBX 0.27 and its 200 day simple moving average is GBX 0.35. The firm has a market cap of £6.87 million, a P/E ratio of -8.50 and a beta of 0.50.

About Woodbois

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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.

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