Corcel (LON:CRCL) Stock Price Down 8.4% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report)’s share price fell 8.4% during trading on Friday . The stock traded as low as GBX 0.38 ($0.01) and last traded at GBX 0.38 ($0.01). 408,623,188 shares changed hands during trading, an increase of 1,184% from the average session volume of 31,827,656 shares. The stock had previously closed at GBX 0.42 ($0.01).

Corcel Stock Down 6.7%

The firm’s 50-day moving average price is GBX 0.39 and its 200 day moving average price is GBX 0.33. The firm has a market cap of £20.70 million, a P/E ratio of -218.75 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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