Kropz (LON:KRPZ) Trading Up 6.7% – Here’s What Happened

Kropz plc (LON:KRPZ) traded up 6.7% on Monday . The stock traded as high as GBX 1.60 and last traded at GBX 1.60. 713,578 shares traded hands during trading, an increase of 211% from the average session volume of 229,710 shares. The stock had previously closed at GBX 1.50.

Kropz Stock Performance

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 50 day simple moving average of GBX 0.78 and a 200-day simple moving average of GBX 0.62. The stock has a market capitalization of £20.38 million, a P/E ratio of 1.67 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.

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.