Corcel (LON:CRCL) Stock Price Down 4.5% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report) shares fell 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 were traded 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 company’s 50 day simple moving average is GBX 0.17 and its 200 day simple moving average is GBX 0.14. 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 debt-to-equity ratio of 44.76, a quick ratio of 0.09 and a current ratio of 1.12.

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.

Further Reading

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