Corcel (LON:CRCL) Shares Down 5.2% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report)’s share price traded down 5.2% on Thursday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). 11,174,441 shares were traded during mid-day trading, a decline of 63% from the average session volume of 30,297,439 shares. The stock had previously closed at GBX 0.17 ($0.00).

Corcel Stock Down 4.3 %

The company has a market cap of £6.22 million, a PE ratio of -1,799.31 and a beta of 0.90. The stock has a 50-day moving average of GBX 0.18 and a 200-day moving average of GBX 0.16. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60.

Corcel (LON:CRCLGet Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share for the quarter.

Corcel Company Profile

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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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