Corcel (LON:CRCL) Trading 12% Higher – Still a Buy?

Shares of Corcel Plc (LON:CRCLGet Free Report) were up 12% during mid-day trading on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 16,475,303 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 7,115,060 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Price 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 £7.18 million, a price-to-earnings ratio of -2,076.12 and a beta of 0.90. The company’s 50 day moving average is GBX 0.16 and its 200-day moving average is GBX 0.15.

Corcel (LON:CRCLGet Free Report) last issued its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) 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.

Featured Stories

Receive News & Ratings for Corcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corcel and related companies with MarketBeat.com's FREE daily email newsletter.