Kibo Energy (LON:KIBO) Share Price Passes Below 200-Day Moving Average – What’s Next?

Kibo Energy PLC (LON:KIBOGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . 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 Down 16.7 %

The firm has a 50 day moving average price of GBX 0.01 and a 200-day moving average price of GBX 0.02. 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 firm has a market cap of £615,000.00, a PE ratio of -5.50 and a beta of -0.10.

Kibo Energy Company Profile

(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.

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