Corcel (LON:CRCL) Stock Price Down 4.5% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s stock price was down 4.5% during trading on Saturday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 21,435,980 shares traded hands during mid-day trading, an increase of 120% from the average daily volume of 9,747,433 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Stock Performance

The stock has a market capitalization of £5.17 million, a price-to-earnings ratio of -44.50 and a beta of 0.90. The company’s fifty day simple moving average is GBX 0.16 and its 200 day simple moving average is GBX 0.14. 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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