Kibo Energy (LON:KIBO) Reaches New 1-Year Low – Here’s Why

Kibo Energy PLC (LON:KIBO)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00), with a volume of 26171561 shares. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Stock Performance

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. The stock’s 50 day moving average price is GBX 0.01 and its 200 day moving average price is GBX 0.01.

Kibo Energy Company Profile

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.