ReTo Eco-Solutions (NASDAQ:RETO) Trading Down 7.4% – Should You Sell?

Shares of ReTo Eco-Solutions, Inc. (NASDAQ:RETO) were down 7.4% during mid-day trading on Thursday . The company traded as low as $2.74 and last traded at $2.64. Approximately 7,110 shares changed hands during trading, a decline of 62% from the average daily volume of 18,818 shares. The stock had previously closed at $2.85.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research note on Friday, October 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

ReTo Eco-Solutions Trading Down 7.4%

The company has a current ratio of 0.59, a quick ratio of 0.58 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $21.19 and its two-hundred day simple moving average is $50.75.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions, Inc, together with its subsidiaries, manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, and tiles. The company's construction materials are used for water absorption, flood control, and water retention; for gardens, roads, bridges, city squares, retaining walls, and slope construction; for hydraulic ecological projects, such as slope protection and river transformation; and for insulation, decoration, and building walls.