Coro Energy (LON:CORO) Trading 16.3% Higher – Here’s Why

Coro Energy plc (LON:COROGet Free Report) shot up 16.3% on Wednesday . The stock traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). 70,224,523 shares traded hands during trading, a decline of 33% from the average session volume of 104,467,078 shares. The stock had previously closed at GBX 0.04 ($0.00).

Coro Energy Trading Down 4.0 %

The stock has a market capitalization of £1.38 million, a PE ratio of -0.47 and a beta of 1.11. The company has a debt-to-equity ratio of 17,108.94, a quick ratio of 1.60 and a current ratio of 0.08. The business’s 50-day moving average is GBX 0.10 and its two-hundred day moving average is GBX 0.14.

About Coro Energy

(Get Free Report)

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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