Kropz (LON:KRPZ) Stock Price Down 6.7% – Here’s What Happened

Shares of Kropz plc (LON:KRPZ) dropped 6.7% during trading on Tuesday . The stock traded as low as GBX 0.70 and last traded at GBX 0.70. Approximately 42,208 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 145,332 shares. The stock had previously closed at GBX 0.75.

Kropz Stock Down 6.7%

The stock’s 50-day moving average price is GBX 0.62 and its two-hundred day moving average price is GBX 0.58. The stock has a market capitalization of £10.97 million, a P/E ratio of 0.90 and a beta of -0.10. The company has a current ratio of 0.21, a quick ratio of 0.15 and a debt-to-equity ratio of 125.65.

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.