Ncondezi Energy (LON:NCCL) Stock Price Passes Above 50-Day Moving Average of $6.03

Ncondezi Energy Ltd (LON:NCCL)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $6.03 and traded as high as $4.98. Ncondezi Energy shares last traded at $4.80, with a volume of 1,910,099 shares traded.

The stock has a market cap of $15.60 million and a P/E ratio of -6.00. The firm has a 50-day moving average price of GBX 6.03 and a 200-day moving average price of GBX 6.78. The company has a debt-to-equity ratio of 28.00, a quick ratio of 0.37 and a current ratio of 0.37.

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.

Further Reading: Straddles

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