Woodbois (LON:WBI) Shares Up 11.1% – Should You Buy?

Woodbois Limited (LON:WBI)’s share price shot up 11.1% on Friday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 4,211,790 shares traded hands during trading, a decline of 95% from the average session volume of 88,978,820 shares. The stock had previously closed at GBX 0.05 ($0.00).

Woodbois Stock Up 4.4 %

The firm has a market cap of £2.94 million, a PE ratio of -0.24 and a beta of 0.50. The business has a 50-day moving average price of GBX 0.13 and a two-hundred day moving average price of GBX 0.28. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 2.54.

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.