Ncondezi Energy (LON:NCCL) Stock Price Passes Below Two Hundred Day Moving Average of $5.59

Ncondezi Energy Ltd (LON:NCCL) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.59 and traded as low as $5.02. Ncondezi Energy shares last traded at $5.05, with a volume of 218,839 shares trading hands.

The company has a market cap of $15.76 million and a price-to-earnings ratio of -6.06. The company has a debt-to-equity ratio of 28.00, a current ratio of 0.37 and a quick ratio of 0.37. The firm’s fifty day moving average price is GBX 5.38 and its 200-day moving average price is GBX 5.57.

Ncondezi Energy Company Profile (LON:NCCL)

Ncondezi Energy Limited, a power development company, focuses on the phased development of thermal coal fired power plant and mine in Mozambique. It operates in Mine Project and Power 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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