Windar Photonics (LON:WPHO) Shares Down 1.5% - Should You Sell?

Key Points

• Shares of Windar Photonics PLC fell 1.5%, trading at GBX 61.06 ($0.82) during mid-day trading, with a significant decline in trading volume.
• The company has a debt-to-equity ratio of 33.99 and a market cap of £58.84 million, indicating potential concerns about its financial stability.
• Windar Photonics develops and sells light detection and ranging sensors for use on wind turbines, operating in markets across Europe and Asia.

Shares of Windar Photonics PLC (LON:WPHO - ) fell 1.5% during mid-day trading on Wednesday . The stock traded as low as GBX 61.06 ($0.82) and last traded at GBX 61.06 ($0.82). 50,695 shares were traded during mid-day trading, a decline of 28% from the average session volume of 70,667 shares. The stock had previously closed at GBX 62 ($0.84).

Windar Photonics Stock Performance

The company has a debt-to-equity ratio of 33.99, a quick ratio of 0.26 and a current ratio of 4.78. The firm has a market cap of £58.84 million, a P/E ratio of -5,550.91 and a beta of 1.29. The business's 50-day simple moving average is GBX 59.70 and its 200 day simple moving average is GBX 51.27.

Windar Photonics Company Profile

Windar Photonics PLC, through its subsidiaries, develops and sells light detection and ranging sensors, and associated products for use on electricity generating wind turbines in Europe, China, and rest of Asia. It offers WindEYE and WindVISION sensors, which measure wind speed by scanning a laser beam ahead of the wind turbines.

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