Corcel (LON:CRCL) Trading 17.8% Higher – Here’s What Happened

Corcel Plc (LON:CRCL)’s share price traded up 17.8% during mid-day trading on Wednesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). 61,031,398 shares were traded during trading, an increase of 107% from the average session volume of 29,539,582 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Up 0.6 %

The firm’s 50 day moving average price is GBX 0.17 and its 200-day moving average price is GBX 0.17. The company has a current ratio of 0.67, a quick ratio of 0.09 and a debt-to-equity ratio of 22.60. The company has a market cap of £6.82 million, a P/E ratio of -1,972.32 and a beta of 0.90.

Corcel (LON:CRCL) last announced its quarterly earnings data on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share (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.