Kibo Energy (LON:KIBO) Trading 12.5% Higher – Should You Buy?

Kibo Energy PLC (LON:KIBOGet Free Report) shares rose 12.5% during trading on Friday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 10,000,000 shares were traded during trading, a decline of 72% from the average daily volume of 36,082,137 shares. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Price Performance

The company has a market cap of £553,500.00, a price-to-earnings ratio of -5.50 and a beta of -0.10. The company has a fifty day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.01. The company has a quick ratio of 0.48, a current ratio of 0.05 and a debt-to-equity ratio of 293.44.

About Kibo Energy

(Get Free Report)

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.

Further Reading

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