Oracle Power (LON:ORCP) Trading Down 10% – What’s Next?

Shares of Oracle Power plc (LON:ORCPGet Free Report) dropped 10% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 901,434,063 shares traded hands during trading, an increase of 274% from the average daily volume of 241,082,688 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 firm has a market capitalization of £1.34 million, a P/E ratio of -3.10 and a beta of 1.44. The company’s 50 day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.02.

About Oracle Power

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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.

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