Corcel (LON:CRCL) Trading 6.7% Higher – Time to Buy?

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 6.7% during trading on Monday . The company traded as high as GBX 0.33 ($0.00) and last traded at GBX 0.32 ($0.00). 35,027,547 shares changed hands during trading, an increase of 6% from the average session volume of 32,995,047 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Trading Up 6.7%

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 business’s 50 day moving average is GBX 0.18 and its 200 day moving average is GBX 0.18. The stock has a market cap of £12.77 million, a price-to-earnings ratio of -3,690.89 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last issued its earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) EPS 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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