Kropz (LON:KRPZ) Shares Down 23.1% – Here’s What Happened

Kropz plc (LON:KRPZGet Free Report) was down 23.1% on Friday . The company traded as low as GBX 0.50 and last traded at GBX 0.50. Approximately 77,663 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 85,674 shares. The stock had previously closed at GBX 0.65.

Kropz Stock Performance

The company has a market capitalization of £7.84 million, a price-to-earnings ratio of -0.54 and a beta of -0.10. The firm has a fifty day simple moving average of GBX 0.51 and a 200 day simple moving average of GBX 0.56. The company has a debt-to-equity ratio of 125.65, a current ratio of 0.21 and a quick ratio of 0.15.

Kropz Company Profile

(Get Free Report)

Kropz is an emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of Congo (‘RoC’). The vision of the Kropz Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

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