Shares of Coro Energy plc (LON:CORO – Get Free Report) dropped 45.4% on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 274,009,438 shares traded hands during mid-day trading, an increase of 1,488% from the average daily volume of 17,258,863 shares. The stock had previously closed at GBX 0.13 ($0.00).
Coro Energy Stock Performance
The company has a quick ratio of 1.60, a current ratio of 0.24 and a debt-to-equity ratio of 17,108.94. The stock has a fifty day moving average price of GBX 0.14 and a 200-day moving average price of GBX 0.16. The firm has a market cap of £1.72 million, a price-to-earnings ratio of -0.47 and a beta of 1.11.
About Coro Energy
Coro Energy plc engages in the exploration, development, and production of oil and natural gas in South East Asia. Its asset portfolio is situated in the west Natuna basin, offshore Indonesia. Coro Energy plc was incorporated in 2016 and is based in Leeds, the United Kingdom.
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