Fenbo (NASDAQ:FEBO) Trading Down 10% – Should You Sell?

Fenbo Holdings Limited (NASDAQ:FEBO)’s stock price traded down 10% during mid-day trading on Wednesday . The stock traded as low as $0.7801 and last traded at $0.90. 6,435 shares traded hands during trading, an increase of 34% from the average session volume of 4,791 shares. The stock had previously closed at $1.00.

Fenbo Trading Down 10.0%

The firm’s fifty day moving average price is $1.13 and its 200-day moving average price is $1.08. The company has a current ratio of 2.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.20.

Fenbo (NASDAQ:FEBO) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $2.74 million for the quarter.

Fenbo Company Profile

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.