WF (NASDAQ:WFF) Trading 1.8% Higher – Here’s Why

WF Holding Limited (NASDAQ:WFF)’s stock price traded up 1.8% on Thursday . The stock traded as high as $2.31 and last traded at $2.28. Approximately 4,675 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 245,516 shares. The stock had previously closed at $2.24.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, WF has a consensus rating of “Sell”.

WF Stock Down 7.5%

The stock has a fifty day simple moving average of $2.33 and a 200-day simple moving average of $2.05. The company has a current ratio of 2.51, a quick ratio of 2.23 and a debt-to-equity ratio of 0.05.

WF (NASDAQ:WFF) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.46) EPS for the quarter. The firm had revenue of $1.94 million during the quarter.

WF Company Profile

W.F Holding Ltd. engages in the manufacture of fiberglass reinforced plastic and FRP products. It sells a range of FRP products, including filament wound and molded tanks, thermoplastic tanks, lining products, ducting and fitting products, air pollution control equipment, and custom-made products. The firm also offer delivery, installation and repair, maintenance services, and on-site consultation services. The company was founded on March 7, 2023 and is headquartered in Shah Alam, Malaysia.