Fenbo Holdings Ltd (FEBO) Shares Plummet Below 1-Year High

Fenbo Holdings Ltd (NASDAQ: FEBO) has seen a decline in its stock price by -21.49 in relation to its previous close of 2.42. However, the company has experienced a -43.06% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-03 that HONG KONG, Oct. 03, 2024 (GLOBE NEWSWIRE) — Fenbo Holdings Limited (Nasdaq: FEBO) (the “Company”, “we”, “our”, “us” or “FEBO”), an established original equipment manufacturer (OEM) for a global home essential company, producing electrical hair styling products under the “Remington” brand which are sold to overseas markets, today announced its unaudited financial results for the six months ended June 30, 2024.

Is It Worth Investing in Fenbo Holdings Ltd (NASDAQ: FEBO) Right Now?

Company’s 36-month beta value is -1.65.

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The public float for FEBO is 2.06M, and currently, short sellers hold a 8.12% ratio of that floaft. The average trading volume of FEBO on November 19, 2024 was 95.85K shares.

FEBO’s Market Performance

The stock of Fenbo Holdings Ltd (FEBO) has seen a -43.06% decrease in the past week, with a -50.13% drop in the past month, and a -67.18% fall in the past quarter. The volatility ratio for the week is 28.91%, and the volatility levels for the past 30 days are at 18.74% for FEBO. The simple moving average for the past 20 days is -42.64% for FEBO’s stock, with a -78.58% simple moving average for the past 200 days.

FEBO Trading at -58.54% from the 50-Day Moving Average

After a stumble in the market that brought FEBO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.25% of loss for the given period.

Volatility was left at 18.74%, however, over the last 30 days, the volatility rate increased by 28.91%, as shares sank -50.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -72.70% lower at present.

During the last 5 trading sessions, FEBO fell by -43.06%, which changed the moving average for the period of 200-days by -69.26% in comparison to the 20-day moving average, which settled at $3.31. In addition, Fenbo Holdings Ltd saw -62.45% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for FEBO

Current profitability levels for the company are sitting at:

  • -0.0 for the present operating margin
  • 0.19 for the gross margin

The net margin for Fenbo Holdings Ltd stands at -0.01. The total capital return value is set at -0.01. Equity return is now at value -7.63, with -4.01 for asset returns.

Based on Fenbo Holdings Ltd (FEBO), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.55. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -0.23.

Currently, EBITDA for the company is 0.71 million with net debt to EBITDA at -543.59. When we switch over and look at the enterprise to sales, we see a ratio of 1.99. The receivables turnover for the company is 0.44for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.47.

Conclusion

In a nutshell, Fenbo Holdings Ltd (FEBO) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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