Corcel (LON:CRCL) Trading 17.8% Higher – Here’s What Happened

by · The Cerbat Gem

Corcel Plc (LON:CRCL – Get Free Report) shares were 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). 61,031,398 shares were traded 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 Trading Down 0.6 %

The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The company has a market cap of £6.74 million, a P/E ratio of -1,949.25 and a beta of 0.90. The stock’s 50-day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.17.

Corcel (LON:CRCL – Get Free Report) last posted 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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