Corcel (LON:CRCL) Stock Price Up 28.4% – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report)’s share price rose 28.4% during trading on Wednesday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 164,425,422 shares changed hands during mid-day trading, an increase of 418% from the average daily volume of 31,742,584 shares. The stock had previously closed at GBX 0.22 ($0.00).

Corcel Stock Up 28.4%

The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The business has a 50 day moving average price of GBX 0.18 and a 200 day moving average price of GBX 0.17. The firm has a market capitalization of £11.17 million, a P/E ratio of -3,229.53 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last posted its quarterly earnings data on Monday, March 31st. The company reported GBX (0.05) ($0.00) 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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