Oracle Power (LON:ORCP) Shares Down 5.9% – Here’s Why

Shares of Oracle Power plc (LON:ORCPGet Free Report) were down 5.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 117,172,500 shares changed hands during trading, a decline of 48% from the average daily volume of 223,678,609 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 5.9 %

The firm has a fifty day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.02. The company has a current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98. The firm has a market capitalization of £1.19 million, a price-to-earnings ratio of -3.10 and a beta of 1.44.

Oracle Power Company Profile

(Get Free Report)

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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