Corcel (LON:CRCL) Stock Price Up 17.8% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report)’s stock price shot up 17.8% during trading on Wednesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). 61,031,398 shares were traded during trading, an increase of 107% from the average session volume of 29,539,582 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Performance

The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The firm has a 50-day moving average price of GBX 0.17 and a 200 day moving average price of GBX 0.17. The firm has a market capitalization of £6.86 million, a PE ratio of -1,983.85 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last announced its earnings results 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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