Corcel (LON:CRCL) Trading Down 1.1% – Here’s What Happened

Corcel Plc (LON:CRCL)’s share price traded down 1.1% during trading on Tuesday . The company traded as low as GBX 0.46 and last traded at GBX 0.47. 25,436,531 shares changed hands during mid-day trading, an increase of 60% from the average session volume of 15,898,028 shares. The stock had previously closed at GBX 0.48.

Corcel Trading Down 1.1%

The firm has a market capitalization of £44.25 million, a PE ratio of -2.76 and a beta of 0.21. The company has a quick ratio of 0.09, a current ratio of 2.45 and a debt-to-equity ratio of 0.18. The company’s 50-day simple moving average is GBX 0.43 and its 200 day simple moving average is GBX 0.38.

Corcel (LON:CRCL) last issued its quarterly earnings data on Monday, March 30th. The company reported GBX (0.05) earnings per share (EPS) for the quarter.

Corcel Company Profile

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. Founded in 2004 and listed in 2005, the company trades under the ticker CRCL on the Alternative Investment Market (AIM) of the London Stock Exchange. Corcel is led by an experienced management team with extensive sector and AIM expertise.