Kropz (LON:KRPZ) Shares Down 18.5% – What’s Next?

Kropz plc (LON:KRPZ) shares were down 18.5% during mid-day trading on Wednesday . The company traded as low as GBX 1.10 and last traded at GBX 1.10. Approximately 181,486 shares changed hands during trading, a decline of 21% from the average daily volume of 230,693 shares. The stock had previously closed at GBX 1.35.

Kropz Stock Performance

The stock has a market cap of £17.24 million, a PE ratio of 1.41 and a beta of -0.10. The firm’s 50-day moving average is GBX 0.86 and its 200 day moving average is GBX 0.64. The company has a debt-to-equity ratio of 125.65, a quick ratio of 0.15 and a current ratio of 0.21.

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.