Planet Image International (NASDAQ:YIBO) Stock Price Up 0.8% - Time to Buy?

Key Points

• Planet Image International (NASDAQ:YIBO) shares increased by 0.8% during trading, reaching a high of $1.36 before closing at $1.27.
• The trading volume surged to 47,680 shares, representing a 71% increase over the average volume of 27,960 shares.
• Planet Image International specializes in manufacturing and selling compatible toner cartridges and branded products both domestically in China and internationally.

Planet Image International Limited (NASDAQ:YIBO - Get Free Report)'s stock price was up 0.8% during trading on Monday . The stock traded as high as $1.36 and last traded at $1.27. Approximately 47,680 shares traded hands during trading, an increase of 71% from the average daily volume of 27,960 shares. The stock had previously closed at $1.26.

Planet Image International Stock Performance

The firm's 50-day simple moving average is $1.41 and its 200 day simple moving average is $1.42.

About Planet Image International

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.