Oracle Power (LON:ORCP) Trading Down 11.8% – Should You Sell?

Oracle Power plc (LON:ORCP) 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 traded hands 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 Performance

The firm has a fifty day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.02. The firm has a market capitalization of £1.19 million, a P/E ratio of -3.10 and a beta of 1.44. The company has a debt-to-equity ratio of 9.98, a current ratio of 3.74 and a quick ratio of 5.67.

About Oracle Power

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.