Planet Image International (NASDAQ:YIBO) Shares Down 6.5% - Here's What Happened

Planet Image International Limited (NASDAQ:YIBO - Get Free Report)'s share price dropped 6.5% during trading on Thursday . The company traded as low as $1.00 and last traded at $1.01. Approximately 28,731 shares changed hands during trading, an increase of 215% from the average daily volume of 9,120 shares. The stock had previously closed at $1.08.Analyst Upgrades and DowngradesSeparately, Weiss Ratings reissued a "sell (d)" rating on shares of Planet Image International in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of "Sell".Read Our Latest Stock Analysis on YIBOPlanet Image International Trading Down 6.5%The stock's fifty day moving average price is $1.30 and its 200-day moving average price is $1.39. About Planet Image International (Get Free Report)Planet Image International Limited, through its subsidiaries, manufactures and sells compatible toner cartridges on a white-label or third-party brand basis in the People's Republic of China and internationally. The company also sells branded products through online sales channels under the TrueImage, CoolToner, and AZtech brands.Recommended StoriesFive stocks we like better than Planet Image International3 Defense Stocks Set to Benefit From Increased Military SpendingDatavault AI Just Raised Guidance by 400%—Are You Paying Attention?Investing in Construction StocksPeter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?CD Calculator: Certificate of Deposit Calculator Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 OneThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Planet Image International Right Now?Before you consider Planet Image International, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Planet Image International wasn't on the list.While Planet Image International currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here