WF Holding Limited’s (NASDAQ:WFF) Lock-Up Period To End on September 23rd

WF’s (NASDAQ:WFF) lock-up period is set to end on Tuesday, September 23rd. WF had issued 2,000,000 shares in its public offering on March 27th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of WF to a “hold” rating in a research note on Saturday, July 26th.

WF Price Performance

WFF stock opened at $0.93 on Tuesday. The company has a 50 day moving average price of $1.05. WF has a 12 month low of $0.81 and a 12 month high of $29.26.

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.