Kropz (LON:KRPZ) Shares Down 12.7% – Time to Sell?

Kropz plc (LON:KRPZ) shares fell 12.7% during mid-day trading on Tuesday . The stock traded as low as GBX 1.31 and last traded at GBX 1.31. 2,800 shares were traded during mid-day trading, a decline of 98% from the average session volume of 163,008 shares. The stock had previously closed at GBX 1.50.

Kropz Stock Down 12.7%

The stock has a market capitalization of £20.54 million, a price-to-earnings ratio of 1.68 and a beta of -0.10. The firm’s fifty day moving average is GBX 1.22 and its 200-day moving average is GBX 0.87. The company has a debt-to-equity ratio of 53.40, a current ratio of 0.12 and a quick ratio of 0.15.

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.