Planet Image International (NASDAQ:YIBO) Releases Earnings Results

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

Planet Image International Stock Performance

NASDAQ YIBO opened at $1.21 on Wednesday. The business has a 50 day simple moving average of $1.20 and a 200 day simple moving average of $1.07. The company has a quick ratio of 1.39, a current ratio of 1.57 and a debt-to-equity ratio of 0.14. Planet Image International has a one year low of $0.63 and a one year high of $1.82.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Planet Image International in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

About Planet Image International

Planet Image International, Inc (NASDAQ: YIBO) is a provider of digital printing solutions focused on the issuance of secure identification and promotional cards. Through its PIID Solutions division, the company develops, manufactures and distributes desktop and inline card printers, consumables such as ribbons and laminates, as well as photo capture and card design software. Its offerings support a range of use cases including employee badges, student and visitor ID cards, event passes and loyalty cards.

In addition to its core hardware and consumable products, Planet Image International delivers professional services that encompass system integration, on-site installation, technical support and user training.