Orcadian Energy (LON:ORCA) Sets New 52-Week Low – Time to Sell?

Orcadian Energy Plc (LON:ORCAGet Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 6 ($0.08) and last traded at GBX 6.24 ($0.08), with a volume of 66023 shares trading hands. The stock had previously closed at GBX 6.25 ($0.08).

Orcadian Energy Stock Performance

The company has a debt-to-equity ratio of 38.75, a current ratio of 0.25 and a quick ratio of 3.06. The company has a fifty day moving average of GBX 8.34 and a two-hundred day moving average of GBX 9.18. The stock has a market capitalization of £4.90 million, a P/E ratio of -310.00 and a beta of -2.28.

Orcadian Energy Company Profile

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Orcadian Energy Plc, together with its subsidiaries, operates as an oil and gas development company in the United Kingdom. The company holds 100% interest in UKCS Seaward Licences P2244, which contains the Pilot and Harbour heavy oil discoveries; P2320, consist of Blakeney, Feugh, Dandy, and Crinan discoveries; and P2482, which include the Elke and Narwhal discoveries.

Further Reading

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