Oracle Power (LON:ORCP) Trading 31.3% Higher – Still a Buy?

Shares of Oracle Power plc (LON:ORCPGet Free Report) shot up 31.3% during trading on Wednesday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.02 ($0.00). 1,201,791,500 shares were traded during mid-day trading, an increase of 435% from the average session volume of 224,728,094 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 31.3 %

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 company’s 50 day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.02. The company has a market cap of £1.56 million, a price-to-earnings 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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