Corcel (LON:CRCL) Shares Up 13.3% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report) shot up 13.3% during mid-day trading on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 91,440,672 shares traded hands during trading, an increase of 881% from the average session volume of 9,319,924 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 stock has a fifty day moving average of GBX 0.16 and a 200-day moving average of GBX 0.15. The stock has a market cap of £6.78 million, a PE ratio of -1,960.78 and a beta of 0.90.

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

About Corcel

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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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