ReTo Eco-Solutions (NASDAQ:RETO) Trading Down 5.9% – Here’s Why

ReTo Eco-Solutions, Inc. (NASDAQ:RETOGet Free Report) dropped 5.9% during mid-day trading on Monday . The company traded as low as $3.57 and last traded at $3.65. Approximately 3,421 shares were traded during trading, a decline of 98% from the average daily volume of 139,743 shares. The stock had previously closed at $3.88.

ReTo Eco-Solutions Stock Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.02. The firm has a 50-day moving average price of $3.69 and a 200-day moving average price of $6.70.

About ReTo Eco-Solutions

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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.

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