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Planet Image International (NASDAQ:YIBO) Shares Down 2.2% - Time to Sell?

Planet Image International logo with Computer and Technology background

Key Points

  • Planet Image International's stock fell by 2.2% to $1.33, with trading volume down by 69% compared to its average.
  • The average rating for the stock is "Sell," with Weiss Ratings reinforcing this sentiment in a recent report.
  • Planet Image International operates by manufacturing and selling toner cartridges, both on a white-label basis and through its own brands.
  • Five stocks we like better than Planet Image International.

Planet Image International Limited (NASDAQ:YIBO - Get Free Report) traded down 2.2% on Friday . The company traded as low as $1.32 and last traded at $1.33. 16,270 shares changed hands during trading, a decline of 69% from the average session volume of 52,698 shares. The stock had previously closed at $1.36.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (d)" rating on shares of Planet Image International in a report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Planet Image International presently has an average rating of "Sell".

Check Out Our Latest Analysis on YIBO

Planet Image International Stock Performance

The firm's 50-day moving average price is $1.38 and its 200 day moving average price is $1.37.

About Planet Image International

(Get Free Report)

Planet Image International Limited, through its subsidiaries, manufactures and sells compatible toner cartridges on a white-label or third-party brand basis in the People's Republic of China and internationally. The company also sells branded products through online sales channels under the TrueImage, CoolToner, and AZtech brands.

Further Reading

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