Ncondezi Energy Limited (LON:NCCL) Insider Purchases £10,000 in Stock

Ncondezi Energy Limited (LON:NCCL – Get Rating) insider Scott Fletcher acquired 1,000,000 shares of Ncondezi Energy stock in a transaction that occurred on Monday, May 9th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £10,000 ($12,328.94).

LON:NCCL opened at GBX 0.93 ($0.01) on Friday. Ncondezi Energy Limited has a 12-month low of GBX 0.40 ($0.00) and a 12-month high of GBX 3.40 ($0.04). The firm has a market capitalization of £3.80 million and a P/E ratio of -1.85. The company has a debt-to-equity ratio of 39.81, a current ratio of 0.08 and a quick ratio of 0.08. The business has a 50 day simple moving average of GBX 0.78 and a 200 day simple moving average of GBX 0.87.

Ncondezi Energy Company Profile (Get Rating)

Ncondezi Energy Limited, a power development company, focuses on the phased development of integrated coal fired power plant and mine project in Mozambique. It operates through Solar PV & Battery Storage Project; and Power & Mine 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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