Bisichi (LON:BISI) Stock Price Down 21.4% – Should You Sell?

Bisichi PLC (LON:BISI)’s stock price traded down 21.4% during mid-day trading on Wednesday . The company traded as low as GBX 51.66 and last traded at GBX 55. 56,401 shares traded hands during trading, an increase of 314% from the average session volume of 13,621 shares. The stock had previously closed at GBX 70.

Bisichi Price Performance

The firm has a 50-day moving average of GBX 68.11 and a 200 day moving average of GBX 90.99. The company has a market capitalization of £5.87 million, a PE ratio of -3.19 and a beta of -0.10. The company has a debt-to-equity ratio of 19.85, a current ratio of 0.59 and a quick ratio of 1.03.

Bisichi Company Profile

Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business. The company was formerly known as Bisichi Mining Plc and changed its name to Bisichi PLC in March 2020. Bisichi PLC was incorporated in 1910 and is based in London, the United Kingdom.