Oracle Power (LON:ORCP) Shares Down 5.9% – What’s Next?

Oracle Power plc (LON:ORCP) shares dropped 5.9% during trading on Thursday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 106,441,531 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 243,166,969 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Up 5.9 %

The company has a quick ratio of 5.67, a current ratio of 3.74 and a debt-to-equity ratio of 9.98. The company has a 50 day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.02. The company has a market capitalization of £1.34 million, a P/E ratio of -3.10 and a beta of 1.44.

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.