Oracle Power (LON:ORCP) Stock Price Down 15% – Here’s What Happened

Oracle Power plc (LON:ORCPGet Free Report) dropped 15% during mid-day trading 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 were traded during mid-day 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 Stock Down 15.0 %

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

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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