Corcel (LON:CRCL) Trading Up 6.7% – Still a Buy?

Corcel Plc (LON:CRCLGet Free Report)’s stock price shot up 6.7% on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). 86,965,102 shares traded hands during trading, an increase of 846% from the average session volume of 9,188,289 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Price Performance

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 company’s 50 day moving average price is GBX 0.16 and its 200-day moving average price is GBX 0.15. The company has a market cap of £7.18 million, a price-to-earnings ratio of -2,076.12 and a beta of 0.90.

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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