Fenbo (NASDAQ:FEBO) Stock Price Up 11% – Should You Buy?

Fenbo Holdings Limited (NASDAQ:FEBOGet Free Report)’s stock price was up 11% during trading on Thursday . The company traded as high as $0.84 and last traded at $0.7550. Approximately 8,443 shares changed hands during mid-day trading, an increase of 194% from the average daily volume of 2,875 shares. The stock had previously closed at $0.68.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded Fenbo from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fenbo currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on FEBO

Fenbo Price Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.07 and a quick ratio of 1.72. The firm’s 50 day moving average price is $0.90 and its two-hundred day moving average price is $1.06.

Fenbo (NASDAQ:FEBOGet Free Report) last posted its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $2.74 million for the quarter.

Fenbo Company Profile

(Get Free Report)

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.

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