Corcel (LON:CRCL) Shares Up 17.8% – Here’s What Happened

Corcel Plc (LON:CRCL) was up 17.8% during trading on Thursday . 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 mid-day 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 Down 0.6 %

The firm has a market cap of £6.74 million, a PE ratio of -1,949.25 and a beta of 0.90. 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 stock has a fifty day simple moving average of GBX 0.17 and a two-hundred day simple moving average of GBX 0.17.

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

Corcel Company Profile

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.