Coro Energy (LON:CORO) Shares Down 11% – Should You Sell?

Coro Energy plc (LON:CORO)’s share price dropped 11% during trading on Monday . The company traded as low as GBX 0.36 and last traded at GBX 0.36. Approximately 983,223 shares traded hands during trading, a decline of 15% from the average daily volume of 1,162,695 shares. The stock had previously closed at GBX 0.40.

Coro Energy Trading Down 11.0%

The company has a market capitalization of £2.93 million, a PE ratio of 0.02 and a beta of 1.11. The company has a fifty day simple moving average of GBX 0.39 and a 200-day simple moving average of GBX 0.52. The company has a current ratio of 0.03, a quick ratio of 1.60 and a debt-to-equity ratio of 17,108.94.

Coro Energy Company Profile

A South East Asian energy company focused on supporting the regional transition to a low carbon economy.