Kibo Energy (LON:KIBO) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Kibo Energy PLC (LON:KIBOGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.02 ($0.00) and traded as low as GBX 0.01 ($0.00). Kibo Energy shares last traded at GBX 0.01 ($0.00), with a volume of 50,000,000 shares changing hands.

Kibo Energy Stock Performance

The stock has a 50-day simple moving average of GBX 0.01 and a 200-day simple moving average of GBX 0.02. The stock has a market cap of £615,000.00, a PE ratio of -5.50 and a beta of -0.10. The company has a debt-to-equity ratio of 293.44, a current ratio of 0.05 and a quick ratio of 0.48.

About Kibo Energy

(Get Free Report)

Kibo Energy PLC, together with its subsidiaries, explores for and develops energy projects in Sub Saharan Africa and the United Kingdom. The company holds a 65% interest in the Sustineri Energy project located in South Africa; and 100% interest in the Southport project located in Merseyside, north-west of England.

Further Reading

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