Corcel (LON:CRCL) Trading Down 10.8% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report)’s share price fell 10.8% during trading on Thursday . The stock traded as low as GBX 0.28 ($0.00) and last traded at GBX 0.29 ($0.00). 46,842,090 shares were traded during trading, an increase of 41% from the average session volume of 33,193,633 shares. The stock had previously closed at GBX 0.33 ($0.00).

Corcel Trading Up 5.2%

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 market capitalization of £12.17 million, a P/E ratio of -3,517.88 and a beta of 0.90. The company has a fifty day simple moving average of GBX 0.20 and a two-hundred day simple moving average of GBX 0.18.

Corcel (LON:CRCLGet Free Report) last released its quarterly earnings results 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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