Corcel (LON:CRCL) Shares Up 14.8% – Time to Buy?

Corcel Plc (LON:CRCLGet Free Report)’s share price rose 14.8% during trading on Monday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 7,183,613 shares changed hands during 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 Price Performance

The firm has a fifty day moving average of GBX 0.17 and a two-hundred day moving average of GBX 0.14. The stock has a market capitalization of £5.41 million, a P/E ratio of -44.50 and a beta of 0.90. The company has a debt-to-equity ratio of 44.76, a current ratio of 1.12 and a quick ratio of 0.09.

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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