Corcel (LON:CRCL) Trading Down 4.5% – Time to Sell?

Corcel Plc (LON:CRCLGet Free Report) shares were down 4.5% during trading on Friday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 21,435,980 shares were traded during trading, an increase of 120% from the average daily volume of 9,747,433 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Price Performance

The company has a debt-to-equity ratio of 44.76, a current ratio of 1.12 and a quick ratio of 0.09. The firm has a market cap of £5.17 million, a P/E ratio of -44.50 and a beta of 0.90. The company’s 50-day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.14.

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.

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