WF (NASDAQ:WFF) Stock Price Down 0.4% – Here’s Why

WF Holding Limited (NASDAQ:WFF)’s share price traded down 0.4% during mid-day trading on Thursday . The stock traded as low as $2.81 and last traded at $2.82. Approximately 1,969 shares traded hands during trading, a decline of 93% from the average session volume of 27,625 shares. The stock had previously closed at $2.83.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of WF in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

WF Price Performance

The firm has a 50-day moving average of $1.97 and a two-hundred day moving average of $2.06. The company has a current ratio of 2.51, a quick ratio of 2.23 and a debt-to-equity ratio of 0.05.

WF (NASDAQ:WFF) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.46) EPS for the quarter. The business had revenue of $1.94 million during the quarter.

About WF

W.F Holding Ltd. engages in the manufacture of fiberglass reinforced plastic and FRP products. It sells a range of FRP products, including filament wound and molded tanks, thermoplastic tanks, lining products, ducting and fitting products, air pollution control equipment, and custom-made products. The firm also offer delivery, installation and repair, maintenance services, and on-site consultation services. The company was founded on March 7, 2023 and is headquartered in Shah Alam, Malaysia.