WF (NASDAQ:WFF) Trading 1.8% Higher – Here’s What Happened

WF Holding Limited (NASDAQ:WFF) shares traded up 1.8% during mid-day trading on Thursday . The company traded as high as $2.31 and last traded at $2.28. 4,675 shares were traded during mid-day trading, a decline of 98% from the average session volume of 245,516 shares. The stock had previously closed at $2.24.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of WF in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

WF Stock Performance

The company has a quick ratio of 2.23, a current ratio of 2.51 and a debt-to-equity ratio of 0.05. The stock’s fifty day simple moving average is $2.33 and its two-hundred day simple moving average is $2.05.

WF (NASDAQ:WFF) last announced its earnings results on Thursday, April 30th. The company reported ($0.46) earnings per share for the quarter. The business had revenue of $1.94 million for the quarter.

WF Company Profile

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.