Kibo Energy (LON:KIBO) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Kibo Energy PLC (LON:KIBO) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.01 ($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.

Kibo Energy Stock Performance

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

Kibo Energy Company Profile

Kibo Energy PLC is a multi-asset energy company positioned to address acute power deficits in Sub-Saharan Africa and, more recently, the UK.

The Company is focused on the development of three thermal coal power projects in Mozambique, Botswana and Tanzania, which all share stable operating environments as well as an acute need for consistent power.