Corcel (LON:CRCL) Stock Price Down 5.2% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report) shares fell 5.2% on Thursday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). 11,174,441 shares traded hands during trading, a decline of 63% from the average session volume of 30,297,439 shares. The stock had previously closed at GBX 0.17 ($0.00).

Corcel Price Performance

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 firm’s 50-day moving average is GBX 0.18 and its 200-day moving average is GBX 0.16. The company has a market cap of £6.54 million, a PE ratio of -1,891.58 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last announced its earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share (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.

Further Reading

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