Corcel (LON:CRCL) Shares Up 17.8% – What’s Next?

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 17.8% 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 17.8 %

The firm has a 50-day moving average price of GBX 0.17 and a 200 day moving average price of GBX 0.17. The company has a market cap of £6.86 million, a price-to-earnings ratio of -1,983.85 and a beta of 0.90. The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09.

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

Corcel Company Profile

(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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