Oracle Power (LON:ORCP) Stock Price Down 11.8% – Here’s Why

Oracle Power plc (LON:ORCP)’s share price dropped 11.8% on Thursday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 46,429,691 shares were traded during trading, a decline of 79% from the average daily volume of 219,257,188 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 11.8 %

The stock has a market capitalization of £1.12 million, a P/E ratio of -3.10 and a beta of 1.44. The firm’s fifty day moving average is GBX 0.03 and its 200-day moving average is GBX 0.02. The company has a current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98.

Oracle Power Company Profile

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.