Corcel (LON:CRCL) Stock Price Up 14.8% – Time to Buy?

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

Corcel Price Performance

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

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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