Woodbois (LON:WBI) Trading 11.3% Higher – Time to Buy?

Woodbois Limited (LON:WBIGet Free Report)’s share price was up 11.3% on Wednesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 100,247,203 shares traded hands during trading, a decline of 3% from the average daily volume of 103,798,008 shares. The stock had previously closed at GBX 0.12 ($0.00).

Woodbois Stock Performance

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 firm has a market cap of £5.17 million, a P/E ratio of -8.50 and a beta of 0.50. The stock’s 50 day moving average is GBX 0.20 and its two-hundred day moving average is GBX 0.33.

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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