Corcel (LON:CRCL) Trading 13.1% Higher – What’s Next?

Shares of Corcel Plc (LON:CRCLGet Free Report) shot up 13.1% during mid-day trading on Friday . The stock traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). 60,522,215 shares were traded during trading, an increase of 96% from the average session volume of 30,892,564 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Price Performance

The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The stock has a market capitalization of £7.90 million, a price-to-earnings ratio of -2,283.74 and a beta of 0.90. The company has a 50 day moving average of GBX 0.18 and a 200 day moving average of GBX 0.17.

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

Corcel Company Profile

(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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