Kropz (LON:KRPZ) Shares Down 11.1% – What’s Next?

Kropz plc (LON:KRPZ)’s stock price dropped 11.1% during trading on Wednesday . The stock traded as low as GBX 0.80 and last traded at GBX 0.80. Approximately 80,271 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 112,449 shares. The stock had previously closed at GBX 0.90.

Kropz Stock Performance

The stock’s fifty day moving average price is GBX 1.18 and its two-hundred day moving average price is GBX 1.15. The company has a debt-to-equity ratio of 92.78, a quick ratio of 0.15 and a current ratio of 0.14. The company has a market cap of £13.18 million, a P/E ratio of 1.03 and a beta of 0.41.

Kropz Company Profile

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.