Kibo Energy (LON:KIBO) Stock Price Down 12.5% – What’s Next?

Kibo Energy PLC (LON:KIBOGet Free Report) was down 12.5% during trading on Friday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 343,589 shares were traded during trading, a decline of 98% from the average daily volume of 16,618,074 shares. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Trading Up 12.5 %

The company has a market capitalization of £553,500.00, a price-to-earnings ratio of -5.50 and a beta of -0.10. The company has a current ratio of 0.05, a quick ratio of 0.48 and a debt-to-equity ratio of 293.44. The business’s 50 day moving average price is GBX 0.01 and its two-hundred day moving average price is GBX 0.01.

Kibo Energy (LON:KIBOGet Free Report) last issued its earnings results on Monday, December 23rd. The company reported GBX (0.10) ($0.00) earnings per share for the quarter.

About Kibo Energy

(Get Free Report)

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.

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