Rurelec (LON:RUR) Stock Price Down 15%

Rurelec Plc (LON:RUR)’s stock price dropped 15% on Friday . The company traded as low as GBX 0.62 ($0.01) and last traded at GBX 0.62 ($0.01), approximately 34,000 shares changed hands during mid-day trading. A decline of 40% from the average daily volume of 56,422 shares. The stock had previously closed at GBX 0.73 ($0.01).

The business’s 50-day moving average is GBX 0.62 and its two-hundred day moving average is GBX 0.76. The firm has a market capitalization of $3.46 million and a price-to-earnings ratio of -1.54. The company has a debt-to-equity ratio of 0.61, a quick ratio of 17.23 and a current ratio of 17.23.

Rurelec Company Profile (LON:RUR)

Rurelec PLC engages in the acquisition, ownership, development, and operation of power generation assets in Latin America. The company owns and develops power generation facilities on national and regional grids; and sells electricity on commercial terms through capacity payments or power purchase agreements.

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