Corcel (LON:CRCL) Stock Price Down 5.2% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report)’s stock price was down 5.2% during mid-day trading on Thursday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 11,174,441 shares changed hands during trading, a decline of 63% from the average daily volume of 30,297,439 shares. The stock had previously closed at GBX 0.17 ($0.00).

Corcel Trading Down 4.3 %

The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The stock has a market capitalization of £6.22 million, a P/E ratio of -1,799.31 and a beta of 0.90. The firm’s 50-day simple moving average is GBX 0.18 and its 200 day simple moving average is GBX 0.16.

Corcel (LON:CRCLGet Free Report) last released its earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) EPS for the quarter.

About Corcel

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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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