WF (NASDAQ:WFF) Stock Gets Downgrade from Wall Street Zen

WF (NASDAQ:WFF) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of WF from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

WF Stock Performance

Shares of WF stock opened at $0.11 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.74 and a current ratio of 4.99. WF has a 52-week low of $0.10 and a 52-week high of $50.60. The company’s 50 day moving average price is $2.45 and its 200-day moving average price is $2.18.

WF (NASDAQ:WFF) last issued its earnings results on Friday, October 2nd. The company reported ($5.70) EPS for the quarter. The company had revenue of $1.53 million for the quarter.

About WF

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.