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Coro Energy plc (CORO.L) (LON:CORO) Trading Up 11.3%

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Coro Energy plc (CORO.L) logoCoro Energy plc (CORO.L) (LON:CORO) shares traded up 11.3% on Thursday . The company traded as high as GBX 0.32 ($0.00) and last traded at GBX 0.31 ($0.00). 12,975,510 shares traded hands during trading, an increase of 304% from the average session volume of 3,210,955 shares. The stock had previously closed at GBX 0.28 ($0.00).

The stock has a fifty day moving average price of GBX 0.26 and a two-hundred day moving average price of GBX 0.31. The company has a market cap of £2.54 million and a price-to-earnings ratio of -0.23. The company has a quick ratio of 0.28, a current ratio of 1.25 and a debt-to-equity ratio of 17,108.94.

About Coro Energy plc (CORO.L) (LON:CORO)

Coro Energy plc engages in the exploration, development, and production of oil and natural gas in Asia and the United Kingdom. The company's asset portfolio is situated in the west Natuna Basin offshore Indonesia. The company was formerly known as Saffron Energy Plc and changed its name to Coro Energy plc in April 2018.

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