Corcel (LON:CRCL) Shares Up 13.3% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s stock price 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 changed hands during mid-day 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 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 has a market cap of £6.78 million, a price-to-earnings ratio of -1,960.78 and a beta of 0.90. The stock’s 50-day moving average is GBX 0.16 and its 200 day moving average is GBX 0.15.

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

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