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

Corcel Plc (LON:CRCLGet Free Report) shares shot up 13.3% on Wednesday . 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 Stock Performance

The stock has a market cap of £6.98 million, a P/E ratio of -2,018.45 and a beta of 0.90. The firm’s 50-day moving average is GBX 0.16 and its two-hundred day moving average is GBX 0.15. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60.

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