Kropz (LON:KRPZ) Trading 15.9% Higher – Here’s Why

Kropz plc (LON:KRPZ) shares rose 15.9% during mid-day trading on Friday . The stock traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.59 ($0.01). Approximately 134,688 shares traded hands during trading, an increase of 63% from the average daily volume of 82,874 shares. The stock had previously closed at GBX 0.51 ($0.01).

Kropz Stock Up 15.9%

The stock has a 50-day moving average of GBX 0.57 and a 200 day moving average of GBX 0.61. The company has a debt-to-equity ratio of 125.65, a current ratio of 0.21 and a quick ratio of 0.15. The company has a market cap of £9.26 million, a P/E ratio of -131.33 and a beta of -0.10.

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.