Corcel (LON:CRCL) Trading Down 4.5% – Here’s What Happened

by · The Cerbat Gem

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

Corcel Stock Performance

The business has a 50 day moving average price of GBX 0.17 and a two-hundred day moving average price of GBX 0.14. The company has a debt-to-equity ratio of 44.76, a quick ratio of 0.09 and a current ratio of 1.12. The company has a market cap of £5.17 million, a P/E ratio of -44.50 and a beta of 0.90.

Corcel Company Profile

(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.

Read More