Woodbois (LON:WBI) Trading 10.3% Higher – Time to Buy?

Shares of Woodbois Limited (LON:WBI) shot up 10.3% during trading on Monday . The stock traded as high as GBX 0.23 ($0.00) and last traded at GBX 0.22 ($0.00). 25,685,676 shares were traded during mid-day trading, a decline of 34% from the average session volume of 38,833,715 shares. The stock had previously closed at GBX 0.20 ($0.00).

Woodbois Trading Down 1.4 %

The company has a 50 day moving average of GBX 0.33 and a 200 day moving average of GBX 0.39. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 2.54. The firm has a market cap of £8.18 million, a price-to-earnings ratio of -8.50 and a beta of 0.50.

Woodbois Company Profile

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.