Corcel (LON:CRCL) Stock Price Down 4.5% – Should You Sell?

Corcel Plc (LON:CRCL) fell 4.5% during mid-day trading on Saturday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 21,435,980 shares were traded during mid-day trading, an increase of 120% from the average session volume of 9,747,433 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Stock Down 4.5 %

The company has a current ratio of 1.12, a quick ratio of 0.09 and a debt-to-equity ratio of 44.76. The business has a 50-day moving average price of GBX 0.16 and a 200-day moving average price of GBX 0.14. The firm has a market cap of £5.17 million, a P/E ratio of -44.50 and a beta of 0.90.

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.