Kropz (LON:KRPZ) Trading Up 2% – Still a Buy?

Kropz plc (LON:KRPZ)’s stock price traded up 2% on Wednesday . The stock traded as high as GBX 1.27 and last traded at GBX 1.27. Approximately 60,000 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 121,422 shares. The stock had previously closed at GBX 1.25.

Kropz Stock Performance

The firm has a market capitalization of £21.00 million, a P/E ratio of 1.63 and a beta of 0.41. The company’s 50 day moving average is GBX 1.27 and its 200-day moving average is GBX 1.11. The company has a quick ratio of 0.15, a current ratio of 0.14 and a debt-to-equity ratio of 92.78.

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.