Planet Image International (NASDAQ:YIBO) Shares Up 3.7% – Should You Buy?

Planet Image International Limited (NASDAQ:YIBO) was up 3.7% during trading on Wednesday . The stock traded as high as $1.02 and last traded at $0.9201. Approximately 20,916 shares were traded during trading, an increase of 18% from the average session volume of 17,775 shares. The stock had previously closed at $0.8875.

Analyst Ratings Changes

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

Planet Image International Stock Up 3.7%

The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average price is $0.99 and its 200-day moving average price is $0.99.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Planet Image International stock. Financial Plan Inc. bought a new stake in shares of Planet Image International Limited (NASDAQ:YIBO) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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.