Corcel (LON:CRCL) Trading Down 4.5% – Should You Sell?

by · The Markets Daily

Corcel Plc (LON:CRCL – Get Free Report) traded down 4.5% during mid-day trading on Friday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 21,435,980 shares changed 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 Down 4.5 %

The firm has a market capitalization 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 company’s 50 day moving average price is GBX 0.17 and its 200 day moving average price is GBX 0.14.

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.

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