Fenbo (NASDAQ:FEBO) Trading Down 2.1% – Here’s What Happened

Fenbo Holdings Limited (NASDAQ:FEBO) traded down 2.1% during mid-day trading on Thursday . The company traded as low as $1.17 and last traded at $1.1650. 313 shares were traded during mid-day trading, a decline of 97% from the average session volume of 9,376 shares. The stock had previously closed at $1.1901.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fenbo in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Fenbo Trading Up 3.4%

The company’s fifty day moving average price is $1.14 and its two-hundred day moving average price is $0.95. The company has a quick ratio of 1.66, a current ratio of 1.92 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.