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

Kibo Energy PLC (LON:KIBO) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00), with a volume of 26171561 shares traded. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Price Performance

The company has a debt-to-equity ratio of 293.44, a quick ratio of 0.48 and a current ratio of 0.05. The stock has a market capitalization of £738,000.00, a PE ratio of -5.50 and a beta of -0.10. The stock’s 50 day moving average is GBX 0.01 and its two-hundred day moving average 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.