Orcadian Energy (LON:ORCA) Hits New 1-Year Low – Time to Sell?

Shares of Orcadian Energy Plc (LON:ORCAGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 5.20 ($0.07), with a volume of 350402 shares changing hands. The stock had previously closed at GBX 5 ($0.06).

Orcadian Energy Stock Down 10.0 %

The stock has a market capitalization of £3.56 million, a price-to-earnings ratio of -250.00 and a beta of -2.29. The company has a debt-to-equity ratio of 38.75, a current ratio of 0.25 and a quick ratio of 3.06. The business has a fifty day moving average of GBX 7.85 and a 200 day moving average of GBX 8.86.

Orcadian Energy Company Profile

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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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