Kropz (LON:KRPZ) Trading Down 13.7% – Time to Sell?

Kropz plc (LON:KRPZ)’s share price fell 13.7% during mid-day trading on Monday . The stock traded as low as GBX 0.60 and last traded at GBX 0.60. 25,000 shares changed hands during trading, a decline of 71% from the average session volume of 87,187 shares. The stock had previously closed at GBX 0.70.

Kropz Trading Down 13.7%

The business’s fifty day moving average price is GBX 0.54 and its 200 day moving average price is GBX 0.57. 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 £9.47 million, a PE ratio of -0.66 and a beta of -0.10.

About Kropz

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.

Kropz’s Elandsfontein Phosphate Project is a near-term producing asset in South Africa’s Western Cape Province, close to export infrastructure and primed to take advantage of a recovery in phosphate prices.