Corcel (LON:CRCL) Stock Price Up 17.8% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report) shares rose 17.8% during trading on Wednesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 61,031,398 shares traded hands during trading, an increase of 107% from the average daily volume of 29,539,582 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Trading Down 0.6 %

The company has a 50 day simple moving average of GBX 0.17 and a two-hundred day simple moving average of GBX 0.17. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The firm has a market cap of £6.74 million, a PE ratio of -1,949.25 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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