Corcel (LON:CRCL) Trading 13.3% Higher – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s share price shot up 13.3% on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 91,440,672 shares traded hands during trading, an increase of 881% from the average session volume of 9,319,924 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Trading Up 1.7 %

The company has a market cap of £7.30 million, a PE ratio of -2,110.73 and a beta of 0.90. The business has a 50 day simple moving average of GBX 0.16 and a two-hundred day simple moving average of 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:CRCLGet Free Report) last issued its quarterly earnings results on Monday, December 16th. The company reported GBX (0.20) ($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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