Corcel (LON:CRCL) Trading 13.3% Higher – Still a Buy?

Corcel Plc (LON:CRCLGet Free Report) traded up 13.3% during mid-day trading on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 91,440,672 shares were traded during mid-day 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 Trading Up 13.3 %

The firm has a fifty day moving average of GBX 0.16 and a 200-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 capitalization of £6.78 million, a price-to-earnings ratio of -1,960.78 and a beta of 0.90.

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

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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