Kibo Energy (LON:KIBO) Share Price Passes Below Two Hundred Day Moving Average of $0.17

Kibo Energy PLC (LON:KIBOGet Rating) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.17 ($0.00) and traded as low as GBX 0.14 ($0.00). Kibo Energy shares last traded at GBX 0.14 ($0.00), with a volume of 65,000 shares traded.

The stock has a market capitalization of £4.09 million and a price-to-earnings ratio of -0.69. The business’s 50-day moving average is GBX 0.16 and its two-hundred day moving average is GBX 0.17. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 2.51.

Kibo Energy Company Profile (LON:KIBO)

Kibo Energy PLC, together with its subsidiaries, explores for and develops energy projects in Sub Saharan Africa and the United Kingdom. The company owns a 100% interest in the Mbeya Coal to Power project located in Songwe Regio, Tanzania. It also holds an 85% interest in the Mabesekwa Coal Independent Power Project located in Botswana; and 65% interest in the Benga Power Plant Project located in the Tete province of Mozambique.

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