Orcadian Energy Plc (LON:ORCA – Get Free Report)’s share price shot up 41.3% on Thursday . The stock traded as high as GBX 13.47 ($0.17) and last traded at GBX 12.36 ($0.16). 631,140 shares traded hands during trading, an increase of 245% from the average session volume of 182,700 shares. The stock had previously closed at GBX 8.75 ($0.11).
Orcadian Energy Stock Performance
The company has a quick ratio of 3.06, a current ratio of 0.25 and a debt-to-equity ratio of 38.75. The stock has a market cap of £10.27 million, a price-to-earnings ratio of -662.10 and a beta of -2.29. The stock’s fifty day moving average is GBX 6.71 and its 200-day moving average is GBX 7.88.
About Orcadian Energy
Orcadian Energy Plc, together with its subsidiaries, operates as an oil and gas development company in the United Kingdom. The company holds 100% interest in UKCS Seaward Licences P2244, which contains the Pilot and Harbour heavy oil discoveries; P2320, consist of Blakeney, Feugh, Dandy, and Crinan discoveries; and P2482, which include the Elke and Narwhal discoveries.
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