Coro Energy (LON:CORO) Shares Down 20% – Should You Sell?

by · The Markets Daily

Coro Energy plc (LON:CORO – Get Free Report)’s stock price traded down 20% during trading on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 9,273,682 shares were traded during mid-day trading, a decline of 82% from the average session volume of 52,097,168 shares. The stock had previously closed at GBX 0.03 ($0.00).

Coro Energy Stock Down 13.0 %

The company has a debt-to-equity ratio of 17,108.94, a current ratio of 0.03 and a quick ratio of 1.60. The firm’s 50 day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.11. The firm has a market cap of £574,000.00, a price-to-earnings ratio of -0.47 and a beta of 1.11.

Coro Energy Company Profile

(Get Free Report)

Coro Energy plc operates as an energy company in South East Asia. Its asset portfolio includes Mako gas field in Indonesia; and wind and solar projects in the Philippines and Vietnam. The company was formerly known as Saffron Energy Plc. Coro Energy plc was incorporated in 2016 and is based in Leeds, the United Kingdom.

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