Corcel (LON:CRCL) Trading Up 13.1% – What’s Next?

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 13.1% during mid-day trading on Saturday . The stock traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). 60,522,215 shares changed hands during mid-day trading, an increase of 96% from the average session volume of 30,892,564 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Stock Up 13.1 %

The stock has a 50-day moving average of GBX 0.18 and a 200-day moving average of GBX 0.17. The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The firm has a market cap of £7.90 million, a price-to-earnings ratio of -2,283.74 and a beta of 0.90.

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

About Corcel

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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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