WF Stock to Reverse Split on Monday, April 13th (NASDAQ:WFF)

by · The Markets Daily

WF Holding Limited (NASDAQ:WFFFree Report) shares are scheduled 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 market closes on Sunday, April 12th.

WF Price Performance

Shares of NASDAQ:WFF traded down $0.06 during trading hours on Thursday, hitting $0.21. The stock had a trading volume of 886,148 shares, compared to its average volume of 100,320. The stock’s fifty day simple moving average is $0.39 and its 200 day simple moving average is $0.55. WF has a 1-year low of $0.18 and a 1-year high of $29.26.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on WF

About WF

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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.

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