Corcel (LON:CRCL) Stock Price Up 18.9% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report) was up 18.9% on Wednesday . The stock traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 67,139,227 shares changed hands during mid-day trading, an increase of 380% from the average daily volume of 13,994,927 shares. The stock had previously closed at GBX 0.19 ($0.00).

Corcel Stock Up 8.1 %

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 current ratio of 0.67, a quick ratio of 0.09 and a debt-to-equity ratio of 22.60. The stock has a market capitalization of £7.98 million, a PE ratio of -2,306.81 and a beta of 0.90.

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