Woodbois (LON:WBI) Shares Up 12.5% – What’s Next?

Woodbois Limited (LON:WBI) was up 12.5% during mid-day trading on Tuesday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 2,113,833 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 73,422,055 shares. The stock had previously closed at GBX 0.04 ($0.00).

Woodbois Price Performance

The company has a market cap of £2.75 million, a P/E ratio of -0.23 and a beta of 0.50. The stock has a 50-day simple moving average of GBX 0.09 and a 200 day simple moving average of GBX 0.25. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.49 and a current ratio of 1.14.

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.