Kibo Energy (LON:KIBO) Stock Price Crosses Below 200 Day Moving Average of $0.98

Shares of Kibo Energy PLC (LON:KIBO) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.98 and traded as low as $0.42. Kibo Energy shares last traded at $0.43, with a volume of 7,695,376 shares.

The stock has a market capitalization of $3.62 million and a P/E ratio of -0.75. The firm has a 50-day moving average of GBX 0.70 and a 200 day moving average of GBX 0.97. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 1.68.

About Kibo Energy (LON:KIBO)

Kibo Energy PLC, together with its subsidiaries, explores for and develops coal and other minerals in Africa. It also explores for nickel, gold, and platinum group metals. The company's flagship project is the Mbeya coal to power project that comprises 22 tenements located in south-western Tanzania.

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