Corcel (LON:CRCL) Stock Price Up 13.3% – Still a Buy?

Corcel Plc (LON:CRCL)’s stock price rose 13.3% on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 91,440,672 shares were traded during trading, an increase of 881% from the average daily volume of 9,319,924 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Performance

The firm has a 50 day moving average of GBX 0.16 and a two-hundred day moving average of GBX 0.15. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The stock has a market cap of £6.78 million, a P/E ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCL) last announced its quarterly earnings data on Monday, December 16th. The company reported GBX (0.20) ($0.00) EPS for the quarter.

About Corcel

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.