Planet Image International (NASDAQ:YIBO) Trading Down 5.4% – Should You Sell?

Shares of Planet Image International Limited (NASDAQ:YIBO) fell 5.4% during mid-day trading on Thursday . The company traded as low as $1.10 and last traded at $1.0220. 1,743 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 13,647 shares. The stock had previously closed at $1.08.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Planet Image International presently has an average rating of “Sell”.

Planet Image International Trading Down 10.0%

The company has a quick ratio of 1.39, a current ratio of 1.57 and a debt-to-equity ratio of 0.14. The firm has a 50 day simple moving average of $0.98 and a two-hundred day simple moving average of $0.99.

Planet Image International (NASDAQ:YIBO) last posted its earnings results on Tuesday, March 31st. The company reported $0.00 earnings per share (EPS) for the quarter. The company had revenue of $40.37 million for the quarter.

Institutional Investors Weigh In On Planet Image International

A hedge fund recently bought a new stake in Planet Image International stock. Financial Plan Inc. bought a new position in Planet Image International Limited (NASDAQ:YIBO) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 32,000 shares of the company’s stock, valued at approximately $30,000.

About Planet Image International

Planet Image International, Inc (NASDAQ: YIBO) is a provider of digital printing solutions focused on the issuance of secure identification and promotional cards. Through its PIID Solutions division, the company develops, manufactures and distributes desktop and inline card printers, consumables such as ribbons and laminates, as well as photo capture and card design software. Its offerings support a range of use cases including employee badges, student and visitor ID cards, event passes and loyalty cards.

In addition to its core hardware and consumable products, Planet Image International delivers professional services that encompass system integration, on-site installation, technical support and user training.