Corcel (LON:CRCL) Trading Down 4.8% – Here’s What Happened

Corcel Plc (LON:CRCLGet Free Report)’s stock price traded down 4.8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.40 and last traded at GBX 0.40. 9,745,237 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 12,365,149 shares. The stock had previously closed at GBX 0.42.

Corcel Trading Down 2.4%

The business’s 50 day moving average is GBX 0.38 and its two-hundred day moving average is GBX 0.41. The firm has a market capitalization of £38.60 million, a P/E ratio of -2.41 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.

Corcel Company Profile

(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. 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.

Featured Stories

Receive News & Ratings for Corcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corcel and related companies with MarketBeat.com's FREE daily email newsletter.