Oracle Power (LON:ORCP) Trading Down 14.3% – Here’s Why

Oracle Power plc (LON:ORCPGet Free Report) shares dropped 14.3% during mid-day trading on Friday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 261,077,375 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 205,953,609 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Price Performance

The company has a 50-day moving average of GBX 0.03 and a 200 day moving average of 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 firm has a market cap of £1.34 million, a P/E 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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