Corcel (LON:CRCL) Stock Price Down 5.2% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s stock price traded down 5.2% during mid-day trading on Friday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). 11,174,441 shares were traded during mid-day trading, a decline of 63% from the average session volume of 30,297,439 shares. The stock had previously closed at GBX 0.17 ($0.00).

Corcel Trading Down 4.3 %

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 business has a 50 day moving average of GBX 0.18 and a 200 day moving average of GBX 0.16. The firm has a market cap of £6.22 million, a price-to-earnings ratio of -1,799.31 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

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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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