Oracle Power (LON:ORCP) Trading 18.8% Higher – Still a Buy?

Oracle Power plc (LON:ORCPGet Free Report)’s share price was up 18.8% during mid-day trading on Wednesday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 1,046,930,875 shares were traded during trading, an increase of 354% from the average daily volume of 230,721,047 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 18.8 %

The company has a debt-to-equity ratio of 9.98, a current ratio of 3.74 and a quick ratio of 5.67. The company’s fifty day moving average is GBX 0.02 and its 200-day moving average is GBX 0.02. The stock has a market cap of £1.42 million, a PE ratio of -3.10 and a beta of 1.44.

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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