Kropz (LON:KRPZ) Trading Down 6.7% – Should You Sell?

Kropz plc (LON:KRPZ) shares traded down 6.7% on Tuesday . The company traded as low as GBX 0.70 and last traded at GBX 0.70. 42,208 shares changed hands during trading, a decline of 71% from the average session volume of 145,332 shares. The stock had previously closed at GBX 0.75.

Kropz Trading Down 6.7%

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 firm’s fifty day moving average is GBX 0.62 and its two-hundred day moving average is GBX 0.58. The firm has a market capitalization of £10.97 million, a PE ratio of 0.90 and a beta of -0.10.

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.