Kibo Energy (LON:KIBO) Trading Up 12.5% – Here’s Why

Shares of Kibo Energy PLC (LON:KIBOGet Free Report) traded up 12.5% on Thursday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 110,000 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 21,008,539 shares. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Stock Performance

The firm has a market capitalization of £553,500.00, a P/E ratio of -5.50 and a beta of -0.10. The company has a debt-to-equity ratio of 293.44, a current ratio of 0.05 and a quick ratio of 0.48. The firm has a 50-day moving average price of GBX 0.01 and a two-hundred day moving average price of GBX 0.01.

Kibo Energy (LON:KIBOGet Free Report) last announced its quarterly earnings data on Monday, December 23rd. The company reported GBX (0.10) ($0.00) earnings per share for the quarter.

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.

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