Corcel (LON:CRCL) Shares Up 14.8% – Here’s What Happened

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 14.8% during trading on Monday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 7,183,613 shares changed hands during trading, an increase of 4% from the average session volume of 6,893,800 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Stock Performance

The company has a 50-day simple moving average of GBX 0.17 and a two-hundred day simple moving average of GBX 0.14. The company has a quick ratio of 0.09, a current ratio of 1.12 and a debt-to-equity ratio of 44.76. The firm has a market cap of £5.41 million, a PE ratio of -44.50 and a beta of 0.90.

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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