Oracle Power (LON:ORCP) Trading Up 12.5% – Should You Buy?

Oracle Power plc (LON:ORCP)’s stock price shot up 12.5% during trading on Friday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 333,362,906 shares were traded during mid-day trading, an increase of 51% from the average session volume of 220,533,094 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Price Performance

The firm’s 50 day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02. The company has a debt-to-equity ratio of 9.98, a current ratio of 3.74 and a quick ratio of 5.67. The firm has a market capitalization of £1.34 million, a P/E ratio of -3.10 and a beta of 1.44.

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.