Woodbois (LON:WBI) Trading 41% Higher – Time to Buy?

Woodbois Limited (LON:WBIGet Free Report)’s stock price traded up 41% on Thursday . The company traded as high as GBX 0.43 ($0.01) and last traded at GBX 0.43 ($0.01). 10,000,000 shares were traded during trading, a decline of 72% from the average session volume of 36,130,953 shares. The stock had previously closed at GBX 0.31 ($0.00).

Woodbois Stock Up 41.0 %

The stock’s fifty day simple moving average is GBX 0.42 and its two-hundred day simple moving average is GBX 0.46. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.14 and a quick ratio of 0.49. The company has a market capitalization of £16.99 million, a price-to-earnings ratio of -8.50 and a beta of 0.50.

Woodbois Company Profile

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Woodbois Limited, together with its subsidiaries, engages in the forestry, timber trading, and carbon solutions in Guernsey, Denmark, Mozambique, and the United Kingdom. The company offers sawmill timber and veneer for construction, interior design, and carpentry applications. It is also involved in provision of shared services; and property holding activities.

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