Oracle Power (LON:ORCP) Shares Down 10.5% – Here’s What Happened

Shares of Oracle Power plc (LON:ORCPGet Free Report) traded down 10.5% during mid-day trading on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 481,088,156 shares were traded during mid-day trading, an increase of 108% from the average session volume of 231,352,719 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 10.5 %

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 debt-to-equity ratio of 9.98, a quick ratio of 5.67 and a current ratio of 3.74. The company has a market cap of £1.27 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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