WF (NASDAQ:WFF) Announces Quarterly Earnings Results

WF (NASDAQ:WFF) announced its quarterly earnings data on Friday. The company reported ($5.70) earnings per share for the quarter, FiscalAI reports. The business had revenue of $1.53 million during the quarter.

WF Trading Down 2.4%

Shares of WFF stock traded down $0.06 during trading hours on Friday, hitting $2.41. 65,234 shares of the company’s stock were exchanged, compared to its average volume of 971,209. WF has a 12-month low of $0.91 and a 12-month high of $10.71. The business’s 50 day simple moving average is $2.10 and its 200-day simple moving average is $2.03.

Analyst Upgrades and Downgrades

WFF has been the subject of a number of research reports. Weiss Ratings lowered shares of WF from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, September 25th. Wall Street Zen upgraded shares of WF to a “hold” rating in a research note on Saturday, September 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, WF presently has an average rating of “Sell”.

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.