Corcel (LON:CRCL) Shares Up 5.3% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report)’s share price was up 5.3% during mid-day trading on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 60,314,145 shares were traded during trading, an increase of 618% from the average daily volume of 8,404,438 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Performance

The stock has a market cap of £7.18 million, a price-to-earnings ratio of -2,076.12 and a beta of 0.90. The business’s 50 day moving average is GBX 0.16 and its 200 day moving average is GBX 0.15. The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09.

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

About Corcel

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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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