Fenbo (NASDAQ:FEBO) Trading Down 2.7% – Should You Sell?

Fenbo Holdings Limited (NASDAQ:FEBO) dropped 2.7% during trading on Thursday . The company traded as low as $1.07 and last traded at $1.07. Approximately 8,450 shares traded hands during mid-day trading, an increase of 217% from the average daily volume of 2,669 shares. The stock had previously closed at $1.10.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fenbo in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Fenbo Stock Performance

The firm has a fifty day moving average price of $1.19 and a 200 day moving average price of $0.91. The company has a current ratio of 1.92, a quick ratio of 1.66 and a debt-to-equity ratio of 0.18.

About Fenbo

Fenbo Holdings Limited, through its subsidiaries, manufactures and sells personal care electric appliances and toys products. The company offers curling wands and irons, flat irons and hair straighteners, hair dryers, trimmers, nail polishers, pet shampoo brushes, eyebrow pliers, etc. It serves customers in Europe, North America, South America, Asia, and internationally. The company was founded in 1993 and is headquartered in Kwun Tong, Hong Kong. Fenbo Holdings Limited operates as a subsidiary of Luxury Max Investments Limited.