Coro Energy (LON:CORO) Trading Up 7.1% – Still a Buy?

Coro Energy plc (LON:COROGet Free Report)’s share price shot up 7.1% during trading on Monday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 176,434 shares were traded during mid-day trading, a decline of 100% from the average session volume of 68,753,164 shares. The stock had previously closed at GBX 0.04 ($0.00).

Coro Energy Stock Up 7.1 %

The company has a debt-to-equity ratio of 17,108.94, a quick ratio of 1.60 and a current ratio of 0.03. The firm has a market cap of £1.29 million, a price-to-earnings ratio of -0.47 and a beta of 1.11. The business’s 50 day moving average price is GBX 0.09 and its 200 day moving average price is GBX 0.13.

Coro Energy Company Profile

(Get Free Report)

Coro Energy plc operates as an energy company in South East Asia. Its asset portfolio includes Mako gas field in Indonesia; and wind and solar projects in the Philippines and Vietnam. The company was formerly known as Saffron Energy Plc. Coro Energy plc was incorporated in 2016 and is based in Leeds, the United Kingdom.

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