Planet Image International (NASDAQ:YIBO) Stock Price Up 0.5% – What’s Next?

Shares of Planet Image International Limited (NASDAQ:YIBO) traded up 0.5% during mid-day trading on Wednesday. The company traded as high as $1.12 and last traded at $1.1150. 5,524 shares changed hands during trading, an increase of 84% from the average session volume of 3,010 shares. The stock had previously closed at $1.11.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Planet Image International from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Planet Image International Stock Up 5.7%

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.49 and a current ratio of 1.68. The business has a 50-day moving average price of $1.19 and a two-hundred day moving average price of $1.08.

Planet Image International (NASDAQ:YIBO) last announced its quarterly earnings data on Wednesday, September 16th. The company reported ($0.01) EPS for the quarter. The company had revenue of $34.64 million during the quarter.

Planet Image International Company Profile

Planet Image International Limited is a China-based online printing service provider. Through its operating subsidiaries, the company offers customized printing products that allow customers to turn digital images and designs into physical items.

Its product offerings include photo books, calendars, greeting cards, photo prints and other personalized image-based products. The company’s business model combines online ordering with printing, production and fulfillment services, serving consumers seeking customized photographic and printed merchandise.

Planet Image International was established in China and conducts its operations primarily through subsidiaries based there.