Coro Energy (LON:CORO) Stock Price Up 16.3% – Here’s What Happened

Shares of Coro Energy plc (LON:COROGet Free Report) shot up 16.3% during trading on Wednesday . The stock traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). 70,224,523 shares were traded during mid-day trading, a decline of 33% from the average session volume of 104,467,078 shares. The stock had previously closed at GBX 0.04 ($0.00).

Coro Energy Price Performance

The company has a market capitalization of £1.52 million, a price-to-earnings ratio of -0.47 and a beta of 1.11. The company has a fifty day simple moving average of GBX 0.11 and a two-hundred day simple moving average of GBX 0.14. The company has a debt-to-equity ratio of 17,108.94, a quick ratio of 1.60 and a current ratio of 0.08.

About Coro Energy

(Get Free Report)

Coro Energy plc engages in the exploration, development, and production of oil and natural gas in South East Asia. Its asset portfolio is situated in the west Natuna basin, offshore Indonesia. Coro Energy plc was incorporated in 2016 and is based in Leeds, the United Kingdom.

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