Corcel (LON:CRCL) Trading Down 4.5% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report) traded down 4.5% during trading on Saturday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 21,435,980 shares changed hands during mid-day 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 business has a fifty day simple moving average of GBX 0.16 and a 200 day simple moving average of GBX 0.14. The company has a debt-to-equity ratio of 44.76, a current ratio of 1.12 and a quick ratio of 0.09. The firm has a market cap of £5.17 million, a price-to-earnings ratio of -44.50 and a beta of 0.90.

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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