Corcel (LON:CRCL) Shares Up 14.8% – Here’s Why

Shares of Corcel Plc (LON:CRCLGet Free Report) were up 14.8% during trading on Tuesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 7,183,613 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 6,893,800 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Stock Up 2.9 %

The company has a quick ratio of 0.09, a current ratio of 1.12 and a debt-to-equity ratio of 44.76. The stock has a market cap of £5.47 million, a P/E ratio of -44.50 and a beta of 0.90. The company’s 50 day moving average price is GBX 0.17 and its two-hundred day moving average price is GBX 0.14.

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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