Streetbeat News

FEBO

Fenbo Holdings Limited Ordinary Shares

https://www.fenbo.com

Industry

Consumer Electronics

Fenbo Holdings Limited, through its subsidiaries, manufactures and sells personal care electric appliances and toys products. The company offers curling wands and irons, flat irons and hair straighteners, hair dryers, trimmers, nail polishers, pet shampoo brushes, eyebrow pliers, etc. It serves customers in Europe, North America, South America, Asia, and internationally. The company was founded in 1993 and is headquartered in Kwun Tong, Hong Kong. Fenbo Holdings Limited operates as a subsidiary of Luxury Max Investments Limited.

Open

2.42

Mkt cap

21M

Volume

126K

High

2.47

P/E Ratio

-47.50

52-wk high

17.68

Low

1.70

Div yield

N/A

52-wk low

1.70

Shares of companies within the consumer discretionary sector are trading higher due to overall market strength following softer-than-expected July PPI figures, which could alleviate some inflation concerns and boost consumer sentiment outlook.

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August 13, 2024 | 7:44 pm

Streamline Health Solutions (NASDAQ:STRM) shares fell 23.3% after reporting worse-than-expected Q1 EPS results. Other notable stock movements include DDC Enterprise (NYSE:DDC) surging 101% after acquiring Omsom, and Beamr Imaging (NASDAQ:BMR) gaining 39.3% following the announcement of its Beamr Cloud solution's availability in the Oracle Cloud Marketplace.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 5:25 pm

Consumer Discretionary stocks showed significant movement in Thursday's intraday session, with notable gainers including Carvana, Cazoo Gr, Perdoceo Education, Rush Street Interactive, Vroom, and Canterbury Park Holding, while XPEL, Etsy, DoorDash, Fenbo Holdings, Faraday Future, and 17 Education & Technology were among the losers. The movements were largely driven by the release of Q1 earnings reports.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 4:31 pm

In Tuesday's pre-market session, 12 consumer discretionary stocks showed significant movement. Mullen Automotive, LL Flooring Holdings, Worksport, Tupperware Brands, Brinker International, and Allbirds were among the gainers, with Mullen Automotive leading with a 21.1% increase. On the losing side, Chegg, Coursera, Fenbo Holdings, Nova Lifestyle, Container Store Group, and Lottery.com saw declines, with Chegg experiencing the largest drop of 16.2%. Notably, Brinker International's Q3 earnings were released today, while Chegg and Coursera's Q1 earnings were announced yesterday.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 12:06 pm

Fenbo Holdings reported a FY23 EPS of $(1.86) with revenue of $15.25M, a slight decrease from the previous year. The company saw a decrease in sales of curling wands and irons by 14.5%, but increases in flat irons and hair straighteners, and other products. Geographically, sales in South America dropped to zero, while North America and Asia saw increases. Gross profit increased due to controlled COVID-19 impacts and stable raw material costs, leading to a higher gross profit margin of 18.6%. However, net income turned to a loss of $0.2M from a profit last year, mainly due to a decrease in other income. Fenbo Holdings also announced the closing of its IPO, offering 1 million shares at $5.00 each, and began trading on the Nasdaq under the symbol 'FEBO'.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:18 pm

In Friday's intraday session, 12 consumer discretionary stocks showed significant movement. Notable gainers included ZHONGCHAO (ZCMD) with a 33.1% increase, and Nova Lifestyle (NVFY) rising by 28.43%. On the losing end, Connexa Sports Technologies Inc. (YYAI) saw a 44% decrease, and Serve Robotics (SERV) declined by 21.07%. The movements reflect a mix of earnings reports and market adjustments.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:31 pm

In Monday's intraday session, 12 consumer discretionary stocks showed significant movement. Kaival Brands Innovations and Snap One Holdings were among the top gainers, with shares rising 206% and 30.34% respectively. On the losing end, J-Long Group and Cazoo Gr experienced declines of 23.1% and 16.88%. Notably, Kidpik and Rent the Runway released their Q4 earnings three days ago, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 4:31 pm

In Friday's intraday session, several consumer discretionary stocks experienced significant movements. Notable gainers included Fitell, Dogness (Intl), E-Home Household Service, Sonder Holdings, Fenbo Holdings, and PlayAGS, with increases ranging from 10.02% to 16.4%. Conversely, Jiuzi Holdings, Selina Hospitality, Volcon, Ermenegildo Zegna, Allurion Technologies, and Cazoo Gr were among the losers, with declines ranging from 15.25% to 23.9%.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:39 pm

In Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Notably, Greenlane Holdings (GNLN) surged by 24.6%, while Volcon (VLCN) dropped by 22.2%. Dave & Buster's (PLAY) and Signet Jewelers (SIG) also saw notable gains following their Q4 earnings reports. Conversely, stocks like EpicQuest Education Group (EEIQ) and Ulta Beauty (ULTA) faced sharp declines.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 4:31 pm

Fenbo Holdings has announced the appointment of Meng Derong as Co-Chairman and Independent Non-Executive Director, effective January 1, 2024. This strategic move could signal a strengthening of the company's governance and oversight.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:32 pm

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