Kropz (LON:KRPZ) Trading Up 18.4% – Here’s Why

Kropz plc (LON:KRPZGet Free Report) shares shot up 18.4% on Wednesday . The company traded as high as GBX 0.74 ($0.01) and last traded at GBX 0.74 ($0.01). 685,579 shares traded hands during mid-day trading, an increase of 1,069% from the average session volume of 58,631 shares. The stock had previously closed at GBX 0.63 ($0.01).

Kropz Trading Up 18.4 %

The business’s fifty day moving average price is GBX 1.04 and its 200 day moving average price is GBX 1.24. The company has a quick ratio of 0.15, a current ratio of 0.21 and a debt-to-equity ratio of 125.65. The firm has a market capitalization of £14.07 million, a PE ratio of -0.12 and a beta of -0.10.

About Kropz

(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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