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

Corcel Plc (LON:CRCLGet Free Report) shares dropped 4.5% on Friday . The company 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 Price Performance

The company has a market cap of £5.17 million, a price-to-earnings ratio of -44.50 and a beta of 0.90. The company has a 50-day simple moving average of GBX 0.17 and a 200-day simple moving average of GBX 0.14. The company has a debt-to-equity ratio of 44.76, a quick ratio of 0.09 and a current ratio of 1.12.

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.

Further Reading

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