Corcel (LON:CRCL) Stock Price Up 29.8% – What’s Next?

Shares of Corcel Plc (LON:CRCLGet Free Report) shot up 29.8% during mid-day trading on Thursday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.28 ($0.00). 340,237,313 shares changed hands during mid-day trading, an increase of 911% from the average session volume of 33,653,582 shares. The stock had previously closed at GBX 0.22 ($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 company has a market capitalization of £10.85 million, a P/E ratio of -3,137.25 and a beta of 0.90. The business has a 50 day simple moving average of GBX 0.18 and a 200-day simple 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.

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.

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