Oracle Power (LON:ORCP) Shares Down 5.9% – Should You Sell?

Oracle Power plc (LON:ORCP) shares were down 5.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 44,129,695 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 219,113,438 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Price Performance

The firm has a market capitalization of £1.12 million, a P/E ratio of -3.10 and a beta of 1.44. The business’s fifty day moving average is GBX 0.03 and its 200 day moving average is GBX 0.02. The company has a current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98.

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.