Windar Photonics (LON:WPHO) Shares Up 3.5% - Here's What Happened

Key Points

• Windar Photonics' shares rose 3.5%, reaching a last trade price of GBX 58.50 ($0.78) and an increase in trading volume by 51% from average levels.
• The company develops and sells light detection and ranging sensors for wind turbines, featuring products like WindEYE and WindVISION for measuring wind speed.
• Windar Photonics has a market capitalization of £56.38 million alongside a PE ratio of -39.00, indicating challenges in profitability.

Windar Photonics PLC (LON:WPHO - ) shares shot up 3.5% on Wednesday . The stock traded as high as GBX 60 ($0.80) and last traded at GBX 58.50 ($0.78). 112,239 shares traded hands during trading, an increase of 51% from the average session volume of 74,338 shares. The stock had previously closed at GBX 56.50 ($0.75).

Windar Photonics Price Performance

The company has a quick ratio of 0.26, a current ratio of 4.78 and a debt-to-equity ratio of 33.99. The firm's fifty day moving average price is GBX 60.13 and its two-hundred day moving average price is GBX 52.66. The stock has a market capitalization of £56.38 million, a PE ratio of -39.00 and a beta of 1.29.

About Windar Photonics

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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