Woodbois (LON:WBI) Stock Price Down 8.3% – Should You Sell?

Shares of Woodbois Limited (LON:WBI) dropped 8.3% during trading on Friday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 16,606,725 shares traded hands during trading, a decline of 74% from the average daily volume of 63,264,609 shares. The stock had previously closed at GBX 0.06 ($0.00).

Woodbois Trading Down 13.3 %

The stock has a market capitalization of £3.25 million, a P/E ratio of -0.27 and a beta of 0.50. The stock’s fifty day moving average price is GBX 0.06 and its two-hundred day moving average price is GBX 0.22. 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.