Corcel (LON:CRCL) Trading 13.3% Higher – Still a Buy?

Corcel Plc (LON:CRCLGet Free Report) was up 13.3% during mid-day 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 Up 13.3 %

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 fifty day simple moving average is GBX 0.16 and its 200-day simple moving average is GBX 0.15. The stock has a market cap of £6.78 million, a P/E ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last issued its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

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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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