Corcel (LON:CRCL) Sets New 52-Week High – Time to Buy?

Corcel Plc (LON:CRCL)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 0.47 and last traded at GBX 0.46, with a volume of 10551155 shares trading hands. The stock had previously closed at GBX 0.45.

Corcel Stock Performance

The company’s fifty day simple moving average is GBX 0.38 and its 200 day simple moving average is GBX 0.37. The stock has a market capitalization of £39.17 million, a P/E ratio of -2.71 and a beta of 0.21. The company has a current ratio of 0.24, a quick ratio of 0.09 and a debt-to-equity ratio of 16.99.

Corcel (LON:CRCL) last posted its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.09) earnings per share 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.