Corcel (LON:CRCL) Shares Down 5.2% – Time to Sell?

Corcel Plc (LON:CRCLGet Free Report) was down 5.2% during mid-day trading on Thursday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 11,174,441 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 30,297,439 shares. The stock had previously closed at GBX 0.17 ($0.00).

Corcel Stock Performance

The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The company’s fifty day moving average price is GBX 0.18 and its 200 day moving average price is GBX 0.16. The company has a market cap of £6.54 million, a PE ratio of -1,891.58 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last posted its quarterly earnings data on Monday, March 31st. The company reported GBX (0.05) ($0.00) 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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