Kibo Energy (LON:KIBO) Trading 12.5% Higher – Should You Buy?

Kibo Energy PLC (LON:KIBOGet Free Report) rose 12.5% on Friday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 1,100,111 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 15,487,978 shares. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Stock Up 12.5 %

The firm has a market capitalization of £553,500.00, a price-to-earnings ratio of -5.50 and a beta of -0.10. The stock has a fifty day moving average of GBX 0.01 and a two-hundred day moving average of GBX 0.01. The company has a debt-to-equity ratio of 293.44, a current ratio of 0.05 and a quick ratio of 0.48.

Kibo Energy (LON:KIBOGet Free Report) last posted its quarterly earnings data 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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