Woodbois (LON:WBI) Shares Down 12.8% – Here’s What Happened

Woodbois Limited (LON:WBI) fell 12.8% during mid-day trading on Monday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 12,262,456 shares traded hands during trading, a decline of 85% from the average session volume of 79,209,141 shares. The stock had previously closed at GBX 0.05 ($0.00).

Woodbois Price Performance

The company’s 50 day moving average price is GBX 0.11 and its 200-day moving average price is GBX 0.27. The company has a market capitalization of £2.56 million, a PE ratio of -0.21 and a beta of 0.50. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 2.54.

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.