Oracle Power (LON:ORCP) Trading Down 8.3% – Here’s Why

Oracle Power plc (LON:ORCPGet Free Report) shares fell 8.3% during trading on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 254,422,203 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 181,029,984 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Performance

The company’s fifty day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.02. The company has a debt-to-equity ratio of 9.98, a quick ratio of 5.67 and a current ratio of 3.74. The stock has a market capitalization of £1.64 million, a P/E ratio of -3.10 and a beta of 1.44.

About Oracle Power

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Oracle is an international project developer in the natural resources and energy sectors. Led by a team with extensive experience in major project development and robust relationships with industry giants, Oracle is building a portfolio of projects selected for their prospects in sectors with high global demand and aligned with worldwide economic and environmental trends.

Further Reading

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