Corcel (LON:CRCL) Trading 5.3% Higher – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report)’s share price was up 5.3% during mid-day trading on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 60,314,145 shares were traded during trading, an increase of 618% from the average daily volume of 8,404,438 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Up 5.3 %

The stock has a 50 day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.15. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The company has a market capitalization of £6.30 million, a P/E ratio of -1,822.38 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last posted its quarterly earnings data on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

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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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