Oracle Power (LON:ORCP) Trading Down 4.2% – Here’s Why

Oracle Power plc (LON:ORCPGet Free Report)’s share price was down 4.2% during mid-day trading on Friday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 1,713,303,000 shares changed hands during trading, an increase of 622% from the average daily volume of 237,154,906 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 4.2 %

The firm’s fifty day moving average is GBX 0.02 and its 200-day moving average is GBX 0.02. The stock has a market capitalization of £1.71 million, a PE ratio of -3.10 and a beta of 1.44. The company has a quick ratio of 5.67, a current ratio of 3.74 and a debt-to-equity ratio of 9.98.

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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