Corcel (LON:CRCL) Stock Price Up 13.3% – Here’s Why

Shares of Corcel Plc (LON:CRCLGet Free Report) rose 13.3% on Monday . The stock traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). Approximately 50,972,758 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 33,162,891 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Performance

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 firm has a market capitalization of £13.56 million, a price-to-earnings ratio of -3,921.57 and a beta of 0.90. The stock has a fifty day moving average price of GBX 0.18 and a 200-day moving average price of GBX 0.18.

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

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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