Planet Image International (NASDAQ:YIBO) Issues Earnings Results

Planet Image International (NASDAQ:YIBO) released its quarterly earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, FiscalAI reports. The business had revenue of $34.64 million during the quarter.

Planet Image International Stock Performance

NASDAQ:YIBO opened at $1.21 on Friday. The company has a fifty day simple moving average of $1.21 and a two-hundred day simple moving average of $1.07. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.39 and a current ratio of 1.57. Planet Image International has a 52 week low of $0.63 and a 52 week high of $1.82.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Planet Image International presently has a consensus rating of “Sell”.

About Planet Image International

Planet Image International Limited is a Cayman Islands holding company that operates through subsidiaries in China. The company is engaged in the design, production and sale of personalized photo products, allowing customers to turn digital images into customized physical goods.

Its product offerings include photobooks and photo albums, as well as other personalized items such as wall art, calendars, greeting cards and photo-related gifts. Planet Image primarily reaches customers through online channels and uses digital ordering and customization tools to support the creation of made-to-order products.

The company’s operations and customer base are primarily focused on China.