Ncondezi Energy Limited (LON:NCCL – Get Free Report) shares dropped 5.7% during mid-day trading on Friday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.83 ($0.01). Approximately 550,000 shares traded hands during trading, a decline of 58% from the average daily volume of 1,297,241 shares. The stock had previously closed at GBX 0.88 ($0.01).
Ncondezi Energy Stock Performance
The firm has a fifty day moving average of GBX 0.83 and a 200-day moving average of GBX 0.83. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 44.11. The firm has a market cap of £4.67 million, a P/E ratio of -1.75 and a beta of 1.05.
Ncondezi Energy Company Profile
Ncondezi Energy Limited, a power development company, focuses on the phased development of thermal coal power plant and mine project in Mozambique. It operates through C&I Solar PV and Battery Storage Project; and Power Project and Mine Project segments. The company develops a 300MW integrated power plant and mine to produce and supply electricity to the Mozambican market.
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