Rurelec (LON:RUR) Stock Price Down 11.1%

Rurelec Plc (LON:RUR)’s share price dropped 11.1% during trading on Monday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01), approximately 200,000 shares changed hands during trading. An increase of 254% from the average daily volume of 56,422 shares. The stock had previously closed at GBX 0.90 ($0.01).

The company has a market cap of $4.21 million and a PE ratio of -7.50. The business has a 50-day moving average price of GBX 0.98. The company has a current ratio of 8.45, a quick ratio of 0.37 and a debt-to-equity ratio of 4.84.

About Rurelec (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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