Woodbois (LON:WBI) Shares Up 11.3% – Should You Buy?

Woodbois Limited (LON:WBI)’s stock price shot up 11.3% during mid-day trading on Wednesday . The company traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). 100,247,203 shares traded hands during trading, a decline of 3% from the average session volume of 103,798,008 shares. The stock had previously closed at GBX 0.12 ($0.00).

Woodbois Stock Performance

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 stock has a 50 day moving average of GBX 0.20 and a 200 day moving average of GBX 0.32. The stock has a market capitalization of £4.54 million, a P/E ratio of -8.50 and a beta of 0.50.

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.