Ncondezi Energy Limited (LON:NCCL – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.83 ($0.01) and traded as low as GBX 0.80 ($0.01). Ncondezi Energy shares last traded at GBX 0.83 ($0.01), with a volume of 550,000 shares changing hands.
Ncondezi Energy Stock Down 5.7 %
The company’s 50-day moving average is GBX 0.83 and its 200 day moving average is GBX 0.83. The stock has a market capitalization of £4.67 million, a PE ratio of -1.75 and a beta of 1.05. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 44.11.
About Ncondezi Energy
Ncondezi Energy Limited, a power development company, focuses on the phased development of thermal coal power plant and mine project in Mozambique. It operates through C&I Solar PV and Battery Storage Project; and Power Project and Mine Project segments. The company develops a 300MW integrated power plant and mine to produce and supply electricity to the Mozambican market.
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