Corcel (LON:CRCL) Stock Price Down 4.5% – Should You Sell?

Corcel Plc (LON:CRCL) fell 4.5% on Saturday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 21,435,980 shares traded hands during trading, an increase of 120% from the average session volume of 9,747,433 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Stock Down 4.5 %

The firm’s fifty day moving average is GBX 0.16 and its two-hundred day moving average is GBX 0.14. The firm has a market cap of £5.17 million, a price-to-earnings 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

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.