Corcel (LON:CRCL) Trading Down 8.4% – Time to Sell?

Corcel Plc (LON:CRCLGet Free Report) shares were down 8.4% on Thursday . The company traded as low as GBX 0.38 ($0.01) and last traded at GBX 0.38 ($0.01). Approximately 408,623,188 shares were traded during trading, an increase of 1,184% from the average daily volume of 31,827,656 shares. The stock had previously closed at GBX 0.42 ($0.01).

Corcel Stock Performance

The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The stock’s 50-day simple moving average is GBX 0.39 and its 200 day simple moving average is GBX 0.33. The stock has a market capitalization of £21.23 million, a P/E ratio of -224.38 and a beta of 0.90.

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.

See Also

Receive News & Ratings for Corcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corcel and related companies with MarketBeat.com's FREE daily email newsletter.