Corcel (LON:CRCL) Trading 17.8% Higher – What’s Next?

by · The Cerbat Gem

Corcel Plc (LON:CRCL – Get Free Report)’s share price was up 17.8% on Wednesday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 61,031,398 shares changed hands during trading, an increase of 107% from the average daily volume of 29,539,582 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Performance

The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The stock has a market capitalization of £6.74 million, a PE ratio of -1,949.25 and a beta of 0.90. The firm has a 50 day moving average price of GBX 0.17 and a 200-day moving average price of GBX 0.17.

Corcel (LON:CRCL – Get Free Report) last released its quarterly earnings data on Monday, March 31st. The company reported GBX (0.05) ($0.00) EPS for the quarter.

Corcel Company Profile

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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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