Planet Image International (NASDAQ:YIBO) Shares Cross Above 50-Day Moving Average – What’s Next?

Planet Image International Limited (NASDAQ:YIBO) shares crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $1.12 and traded as high as $1.17. Planet Image International shares last traded at $1.13, with a volume of 1,387 shares.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Planet Image International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, October 30th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Planet Image International Trading Up 1.8%

The company has a 50 day moving average of $1.12 and a two-hundred day moving average of $1.06. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.49 and a current ratio of 1.68.

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

About Planet Image International

Planet Image International Limited is a China-based provider of compatible printing consumables. Through its operating subsidiaries, the company develops, manufactures and sells products used with printers and imaging equipment, including toner cartridges, ink cartridges and related replacement components. The company primarily focuses on aftermarket products designed to serve customers seeking alternatives to original equipment manufacturer cartridges. Its products are marketed through online sales channels and are intended for use by consumers, small businesses and other users of office and home printing equipment.