Fenbo (NASDAQ:FEBO) Shares Up 11% – Still a Buy?

Fenbo Holdings Limited (NASDAQ:FEBO) shares traded up 11% during mid-day trading on Thursday . The stock traded as high as $0.84 and last traded at $0.7550. Approximately 8,443 shares were traded during trading, an increase of 194% from the average session volume of 2,875 shares. The stock had previously closed at $0.68.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Fenbo from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fenbo presently has an average rating of “Sell”.

Fenbo Stock Up 11.0%

The company has a 50 day moving average of $0.91 and a 200 day moving average of $1.06. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.07 and a quick ratio of 1.72.

Fenbo (NASDAQ:FEBO) last released its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $2.74 million during 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.