Corcel (LON:CRCL) Shares Up 13.3% – Time to Buy?

Corcel Plc (LON:CRCLGet Free Report) rose 13.3% during trading on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 91,440,672 shares were traded during trading, an increase of 881% from the average daily volume of 9,319,924 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Price Performance

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 business has a 50-day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.15. The stock has a market cap of £6.78 million, a PE ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last issued its quarterly earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) 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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