Orcadian Energy (LON:ORCA) Sets New 12-Month Low – Here’s What Happened

Shares of Orcadian Energy Plc (LON:ORCAGet Free Report) hit 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. The stock had previously closed at GBX 5 ($0.06).

Orcadian Energy Price Performance

The firm has a market cap of £4.11 million, a P/E ratio of -250.00 and a beta of -2.29. The firm’s fifty day simple moving average is GBX 8.02 and its 200 day simple moving average is GBX 8.95. The company has a debt-to-equity ratio of 38.75, a quick ratio of 3.06 and a current ratio of 0.25.

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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