Woodbois (LON:WBI) Shares Up 12.5% – Here’s Why

Woodbois Limited (LON:WBI)’s stock price traded up 12.5% during trading on Tuesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 2,113,833 shares were traded during trading, a decline of 97% from the average session volume of 73,422,055 shares. The stock had previously closed at GBX 0.04 ($0.00).

Woodbois Stock Performance

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 stock 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.

About Woodbois

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.