ReTo Eco-Solutions (NASDAQ:RETO) Shares Up 1.1% – Here’s Why

ReTo Eco-Solutions, Inc. (NASDAQ:RETO)’s stock price traded up 1.1% on Friday . The stock traded as high as $3.04 and last traded at $2.72. 142,006 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 430,328 shares. The stock had previously closed at $2.69.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research report on Friday, October 31st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

ReTo Eco-Solutions Stock Performance

The company has a current ratio of 0.59, a quick ratio of 0.58 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average price is $12.19 and its two-hundred day moving average price is $41.40.

ReTo Eco-Solutions (NASDAQ:RETO) last released its quarterly earnings data on Friday, October 17th. The company reported ($0.35) earnings per share (EPS) for the quarter. The company had revenue of $0.52 million for the quarter.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions, Inc, together with its subsidiaries, manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, and tiles. The company's construction materials are used for water absorption, flood control, and water retention; for gardens, roads, bridges, city squares, retaining walls, and slope construction; for hydraulic ecological projects, such as slope protection and river transformation; and for insulation, decoration, and building walls.