Woodbois (LON:WBI) Shares Down 6% – Here’s What Happened

Woodbois Limited (LON:WBI)’s stock price traded down 6% during trading on Thursday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00). 8,424,392 shares changed hands during trading, a decline of 91% from the average session volume of 89,083,391 shares. The stock had previously closed at GBX 0.05 ($0.00).

Woodbois Trading Down 14.0 %

The firm has a market capitalization of £2.69 million, a PE ratio of -0.22 and a beta of 0.50. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.49 and a current ratio of 1.14. The firm has a fifty day moving average of GBX 0.13 and a 200 day moving average of GBX 0.28.

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.