ReTo Eco-Solutions (NASDAQ:RETO) Stock Price Down 0.2% – Time to Sell?

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) shares fell 0.2% during trading on Friday . The stock traded as low as $0.5511 and last traded at $0.5998. 50,638 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 390,046 shares. The stock had previously closed at $0.6012.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research note on Wednesday, January 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

ReTo Eco-Solutions Stock Down 0.2%

The stock’s 50-day simple moving average is $1.47 and its 200-day simple moving average is $17.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.59 and a quick ratio of 0.58.

ReTo Eco-Solutions (NASDAQ:RETO) last issued its quarterly earnings results on Friday, October 17th. The company reported ($0.35) earnings per share (EPS) for the quarter. The firm had revenue of $0.52 million for the quarter.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions, Inc is a U.S.-based environmental services company specializing in the treatment, recycling and re-refining of oilfield and industrial waste streams. The company provides integrated solutions for the recovery of hydrocarbons and water from drilling and production operations, utilizing mechanical separation, thermal desorption, filtration and re-refining technologies to convert used oils into high-quality base oils and minimize disposal volumes.

Through its network of strategically located facilities in core oil and gas regions, ReTo Eco-Solutions offers end-to-end logistics services, including transportation, storage and warehousing of waste materials.