Corcel (LON:CRCL) Stock Price Up 13.3% – Still a Buy?

Corcel Plc (LON:CRCL)’s share price traded up 13.3% during trading on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 91,440,672 shares changed hands during trading, an increase of 881% from the average session volume of 9,319,924 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Trading Up 13.3 %

The company has a 50 day moving average of GBX 0.16 and a 200 day moving average of GBX 0.15. 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 firm has a market cap of £6.78 million, a price-to-earnings ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCL) last announced its quarterly earnings results on Monday, December 16th. The company reported GBX (0.20) ($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.