Corcel (LON:CRCL) Trading 13.3% Higher – What’s Next?

Corcel Plc (LON:CRCLGet Free Report)’s share price rose 13.3% during mid-day trading on Tuesday . The stock 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 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 Trading Up 1.7 %

The firm’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 £7.30 million, a P/E ratio of -2,110.73 and a beta of 0.90. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67.

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 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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