Fenbo (NASDAQ:FEBO) Shares Down 2.7% – Time to Sell?

Fenbo Holdings Limited (NASDAQ:FEBO) shares were down 2.7% on Thursday . The stock traded as low as $1.07 and last traded at $1.07. Approximately 8,450 shares traded hands during trading, an increase of 217% from the average daily volume of 2,669 shares. The stock had previously closed at $1.10.

Wall Street Analyst Weigh In

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

Fenbo Stock Performance

The firm’s 50 day simple moving average is $1.19 and its 200-day simple moving average is $0.91. The company has a current ratio of 1.92, a quick ratio of 1.66 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.