Corcel (LON:CRCL) Trading 14.8% Higher – Should You Buy?

by · The Markets Daily

Shares of Corcel Plc (LON:CRCL – Get Free Report) were up 14.8% on Monday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 7,183,613 shares traded hands during trading, an increase of 4% from the average daily volume of 6,893,800 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Stock Up 14.8 %

The stock has a fifty day moving average price of GBX 0.17 and a two-hundred day moving average price of GBX 0.14. The company has a market cap of £5.41 million, a price-to-earnings ratio of -44.50 and a beta of 0.90. The company has a quick ratio of 0.09, a current ratio of 1.12 and a debt-to-equity ratio of 44.76.

About Corcel

(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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