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

Oracle Power plc (LON:ORCPGet Free Report)’s share price fell 11.8% during mid-day trading on Thursday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.02 ($0.00). 46,429,691 shares changed hands during trading, a decline of 79% from the average session volume of 219,257,188 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 5.9 %

The firm has a market cap of £1.19 million, a price-to-earnings ratio of -3.10 and a beta of 1.44. 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 business’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.02.

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.

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