Kibo Energy (LON:KIBO) Trading Up 12.5% – Still a Buy?

Shares of Kibo Energy PLC (LON:KIBO) were up 12.5% during trading on Friday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 1,100,111 shares were traded during trading, a decline of 93% from the average daily volume of 15,487,978 shares. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Price Performance

The company has a debt-to-equity ratio of 293.44, a quick ratio of 0.48 and a current ratio of 0.05. The company has a market capitalization of £554,000.00, a P/E ratio of -5.50 and a beta of -0.10. The firm’s fifty day moving average is GBX 0.01 and its 200 day moving average is GBX 0.01.

Kibo Energy (LON:KIBO) last released its earnings results on Monday, December 23rd. The company reported GBX (0.10) ($0.00) EPS for the quarter.

About Kibo Energy

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.