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

Oracle Power plc (LON:ORCP) was down 5.9% 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). Approximately 140,802,531 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 215,073,484 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 6.3 %

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 stock has a market capitalization of £1.12 million, a P/E ratio of -3.10 and a beta of 1.44.

Oracle Power Company Profile

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.