Corcel (LON:CRCL) Stock Price Up 14.8% – Here’s What Happened

Shares of Corcel Plc (LON:CRCLGet Free Report) rose 14.8% during trading on Monday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 7,183,613 shares were traded during mid-day 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 company’s fifty day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.14. The company has a debt-to-equity ratio of 44.76, a quick ratio of 0.09 and a current ratio of 1.12. The firm has a market cap of £5.35 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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