Cloudbreak Discovery (LON:CDL) Shares Down 6.3% – Here’s What Happened

Cloudbreak Discovery Plc (LON:CDL)’s share price fell 6.3% during trading on Friday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.15 ($0.00). 2,225,376 shares traded hands during mid-day trading, an increase of 225% from the average session volume of 684,561 shares. The stock had previously closed at GBX 0.16 ($0.00).

Cloudbreak Discovery Stock Performance

The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 22.18. The stock has a market cap of £1.70 million, a price-to-earnings ratio of -15.00 and a beta of -0.14. The stock’s 50 day moving average is GBX 0.16 and its two-hundred day moving average is GBX 0.26.

About Cloudbreak Discovery

Cloudbreak Discovery Plc engages in the natural resource project generation and royalty business worldwide. The company primarily focuses on exploring for mineral properties and petroleum resources. Cloudbreak Discovery Plc is based in London, the United Kingdom.