Corcel (LON:CRCL) Trading Up 17.8% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s stock price rose 17.8% during mid-day trading 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 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 current ratio of 0.67, a quick ratio of 0.09 and a debt-to-equity ratio of 22.60. The firm has a market cap of £6.74 million, a PE ratio of -1,949.25 and a beta of 0.90. The business has a fifty day moving average price of GBX 0.17 and a 200 day moving average price of GBX 0.17.

Corcel (LON:CRCLGet Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share (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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