Corcel (LON:CRCL) Stock Price Up 18.9% – Here’s What Happened

Corcel Plc (LON:CRCL)’s stock price traded up 18.9% during trading on Wednesday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 43,965,738 shares were traded during trading, an increase of 228% from the average session volume of 13,415,590 shares. The stock had previously closed at GBX 0.19 ($0.00).

Corcel Stock Performance

The company has a market capitalization of £7.98 million, a PE ratio of -2,306.81 and a beta of 0.90. The business’s fifty day moving average is GBX 0.16 and its two-hundred day moving average is GBX 0.15. The company has a current ratio of 0.67, a quick ratio of 0.09 and a debt-to-equity ratio of 22.60.

Corcel (LON:CRCL) last announced its quarterly earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) EPS for the quarter.

Corcel Company Profile

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.