Corcel (LON:CRCL) Trading Down 4.5% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s share price dropped 4.5% during mid-day trading on Saturday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 21,435,980 shares were traded during trading, an increase of 120% from the average daily volume of 9,747,433 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Price Performance

The firm has a market capitalization of £5.17 million, a price-to-earnings ratio of -44.50 and a beta of 0.90. The company has a quick ratio of 0.09, a current ratio of 1.12 and a debt-to-equity ratio of 44.76. The stock’s 50-day moving average price is GBX 0.16 and its 200 day moving average price is GBX 0.14.

About Corcel

(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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