Oracle Power (LON:ORCP) Shares Up 26.7% – Here’s What Happened

Oracle Power plc (LON:ORCP)’s stock price was up 26.7% during mid-day trading on Thursday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 789,395,563 shares traded hands during mid-day trading, an increase of 285% from the average daily volume of 205,228,438 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Price Performance

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 company has a 50 day moving average price of GBX 0.02 and a 200 day moving average price of GBX 0.02. The firm has a market cap of £1.27 million, a PE 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.