Oracle Power (LON:ORCP) Trading Down 11.1% – Here’s What Happened

Oracle Power plc (LON:ORCPGet Free Report)’s share price dropped 11.1% during mid-day trading on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 128,372,133 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 216,365,031 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 11.1 %

The company has a current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98. The company’s 50 day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.02. The firm has a market cap of £1.19 million, a P/E ratio of -3.10 and a beta of 1.44.

Oracle Power Company Profile

(Get Free Report)

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.

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