Oracle Power (LON:ORCP) Trading Down 15% – What’s Next?

Oracle Power plc (LON:ORCPGet Free Report)’s share price dropped 15% on Saturday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 711,220,125 shares traded hands during trading, an increase of 257% from the average daily volume of 199,494,156 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Price Performance

The business’s 50-day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.02. The company has a market capitalization of £1.27 million, a P/E ratio of -3.10 and a beta of 1.44. The company has a current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98.

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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