Coro Energy (LON:CORO) Stock Price Down 10% – Should You Sell?

Coro Energy plc (LON:COROGet Free Report) shares dropped 10% during trading on Wednesday . The company traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.41 ($0.01). Approximately 1,200,000 shares changed hands during trading, an increase of 23% from the average daily volume of 975,003 shares. The stock had previously closed at GBX 0.45 ($0.01).

Coro Energy Trading Down 5.6%

The stock has a 50-day simple moving average of GBX 0.45 and a 200 day simple moving average of GBX 0.77. The company has a current ratio of 0.03, a quick ratio of 1.60 and a debt-to-equity ratio of 17,108.94. The company has a market cap of £3.50 million, a price-to-earnings ratio of 2.61 and a beta of 1.11.

About Coro Energy

(Get Free Report)

A South East Asian energy company focused on supporting the regional transition to a low carbon economy.

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