Corcel (LON:CRCL) Trading Up 2.2% – Time to Buy?

Corcel Plc (LON:CRCLGet Free Report) was up 2.2% during mid-day trading on Tuesday . The stock traded as high as GBX 0.38 ($0.01) and last traded at GBX 0.37 ($0.00). Approximately 5,550,297 shares were traded during trading, a decline of 81% from the average daily volume of 29,272,762 shares. The stock had previously closed at GBX 0.36 ($0.00).

Corcel Price Performance

The company has a 50 day simple moving average of GBX 0.38 and a 200-day simple moving average of GBX 0.27. The stock has a market cap of £15.16 million, a price-to-earnings ratio of -4,382.93 and a beta of 0.90. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60.

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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