Kropz (LON:KRPZ) Trading Down 12% – Should You Sell?

Kropz plc (LON:KRPZ) fell 12% during mid-day trading on Thursday . The company traded as low as GBX 1.10 and last traded at GBX 1.10. 164,291 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 191,864 shares. The stock had previously closed at GBX 1.25.

Kropz Stock Performance

The firm’s fifty day moving average is GBX 0.74 and its 200 day moving average is GBX 0.60. The firm has a market capitalization of £23.51 million, a price-to-earnings ratio of 1.92 and a beta of -0.10. The company has a debt-to-equity ratio of 125.65, a current ratio of 0.21 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.