Corcel (LON:CRCL) Shares Down 4.5% – Time to Sell?

by · The Cerbat Gem

Corcel Plc (LON:CRCL – Get Free Report) shares were down 4.5% during mid-day trading on Friday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 21,435,980 shares traded hands during trading, an increase of 120% from the average daily volume of 9,747,433 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Stock Down 4.5 %

The stock has a market cap of £5.17 million, a price-to-earnings ratio of -44.50 and a beta of 0.90. The company has a quick ratio of 0.09, a current ratio of 1.12 and a debt-to-equity ratio of 44.76. The business’s fifty day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.14.

About Corcel

(Get Free Report)

Corcel PLC is an upstream oil and gas development company with residual interests in battery metals. Its diversified portfolio includes projects in the onshore Kwanza Basin in Angola, legacy battery metal interests such as rare earth element appraisal in Western Australia, and an option to acquire gas production onshore Brazil.

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