Shares of Orcadian Energy Plc (LON:ORCA – Get Free Report) shot up 5.7% during mid-day trading on Friday . The company traded as high as GBX 12.34 ($0.16) and last traded at GBX 11.50 ($0.14). 816,736 shares changed hands during trading, an increase of 191% from the average session volume of 280,563 shares. The stock had previously closed at GBX 10.88 ($0.14).
Orcadian Energy Price Performance
The company has a 50 day simple moving average of GBX 10.36 and a 200 day simple moving average of GBX 13.83. The company has a market capitalization of £9.48 million, a price-to-earnings ratio of -600.00 and a beta of -2.28. The company has a quick ratio of 3.06, a current ratio of 0.25 and a debt-to-equity ratio of 38.75.
Orcadian Energy Company Profile
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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