WF (NASDAQ:WFF) Shares to Reverse Split on Monday, April 13th
by Scott Moore · The Cerbat GemWF Holding Limited (NASDAQ:WFF – Free Report)’s stock is set to reverse split before the market opens on Monday, April 13th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, April 12th.
WF Stock Performance
WF stock traded down $0.06 during trading on Thursday, reaching $0.21. 886,148 shares of the company were exchanged, compared to its average volume of 100,320. WF has a 52-week low of $0.18 and a 52-week high of $29.26. The stock’s 50 day simple moving average is $0.39 and its two-hundred day simple moving average is $0.55.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on WF
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.