Corcel (LON:CRCL) Trading Up 13.3% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report) shares were up 13.3% on Wednesday . 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 traded hands during 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 2.2 %

The stock’s fifty day simple moving average is GBX 0.16 and its two-hundred day simple moving average is GBX 0.15. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The stock has a market capitalization of £7.34 million, a P/E ratio of -2,122.26 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.

About Corcel

(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.

Recommended Stories

Receive News & Ratings for Corcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corcel and related companies with MarketBeat.com's FREE daily email newsletter.