Planet Image International (NASDAQ:YIBO) Stock Price Up 3.7% – Here’s Why

by · The Markets Daily

Planet Image International Limited (NASDAQ:YIBO – Get Free Report)’s stock price traded up 3.7% during trading on Wednesday . The company traded as high as $1.02 and last traded at $0.9201. 20,916 shares traded hands during trading, an increase of 18% from the average session volume of 17,775 shares. The stock had previously closed at $0.8875.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Planet Image International in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Analysis on YIBO

Planet Image International Stock Performance

The stock has a 50-day moving average price of $0.99 and a two-hundred day moving average price of $0.99. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.57 and a quick ratio of 1.39.

Planet Image International (NASDAQ:YIBO – Get Free Report) last announced its earnings results on Tuesday, March 31st. The company reported $0.00 EPS for the quarter. The business had revenue of $40.37 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Planet Image International stock. SmartHarvest Portfolios LLC bought a new position in Planet Image International Limited (NASDAQ:YIBO – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 32,600 shares of the company’s stock, valued at approximately $31,000.

Planet Image International Company Profile

(Get Free Report)

Planet Image International, Inc (NASDAQ: YIBO) is a provider of digital printing solutions focused on the issuance of secure identification and promotional cards. Through its PIID Solutions division, the company develops, manufactures and distributes desktop and inline card printers, consumables such as ribbons and laminates, as well as photo capture and card design software. Its offerings support a range of use cases including employee badges, student and visitor ID cards, event passes and loyalty cards.

In addition to its core hardware and consumable products, Planet Image International delivers professional services that encompass system integration, on-site installation, technical support and user training.

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