Fenbo (NASDAQ:FEBO) Stock Price Down 2.1% – What’s Next?

Fenbo Holdings Limited (NASDAQ:FEBO) dropped 2.1% on Thursday . The company traded as low as $1.17 and last traded at $1.1650. Approximately 313 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 9,376 shares. The stock had previously closed at $1.1901.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fenbo in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Fenbo Stock Performance

The stock’s fifty day moving average price is $1.14 and its 200-day moving average price is $0.95. The company has a quick ratio of 1.66, a current ratio of 1.92 and a debt-to-equity ratio of 0.18.

About Fenbo

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.