Woodbois (LON:WBI) Trading 41% Higher – What’s Next?

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

Woodbois Stock Performance

The firm’s 50 day moving average price is GBX 0.42 and its 200-day moving average price is GBX 0.46. The firm has a market cap of £16.99 million, a price-to-earnings ratio of -8.50 and a beta of 0.50. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.14 and a quick ratio of 0.49.

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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