Corcel (LON:CRCL) Shares Up 13.3% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report) shares shot up 13.3% during trading on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 91,440,672 shares were traded during mid-day trading, an increase of 881% from the average session volume of 9,319,924 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Performance

The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The stock’s 50-day moving average is GBX 0.16 and its 200 day moving average is GBX 0.15. The firm has a market cap of £6.78 million, a P/E ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last released its quarterly earnings data on Monday, December 16th. The company reported GBX (0.20) ($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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