Coro Energy (LON:CORO) Trading Down 13% – Should You Sell?

Coro Energy plc (LON:COROGet Free Report) shares dropped 13% during trading on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 387,039 shares were traded during trading, a decline of 99% from the average daily volume of 50,466,289 shares. The stock had previously closed at GBX 0.02 ($0.00).

Coro Energy Trading Up 8.7 %

The stock has a market cap of £717,500.00, a P/E ratio of -0.47 and a beta of 1.11. The company has a debt-to-equity ratio of 17,108.94, a current ratio of 0.03 and a quick ratio of 1.60. The business’s 50 day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.10.

About Coro Energy

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Coro Energy plc operates as an energy company in South East Asia. Its asset portfolio includes Mako gas field in Indonesia; and wind and solar projects in the Philippines and Vietnam. The company was formerly known as Saffron Energy Plc. Coro Energy plc was incorporated in 2016 and is based in Leeds, the United Kingdom.

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