Woodbois (LON:WBI) Trading 15.4% Higher – Here’s What Happened

Woodbois Limited (LON:WBI)’s share price traded up 15.4% on Wednesday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 47,825,137 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 78,735,945 shares. The stock had previously closed at GBX 0.04 ($0.00).

Woodbois Trading Down 7.5 %

The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 2.54. The business has a 50-day simple moving average of GBX 0.10 and a 200-day simple moving average of GBX 0.26. The company has a market cap of £2.31 million, a PE ratio of -0.19 and a beta of 0.50.

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.