Oracle Power (LON:ORCP) Shares Up 23.1% – Here’s Why

Oracle Power plc (LON:ORCP) shares were up 23.1% on Saturday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 1,688,644,000 shares changed hands during mid-day trading, an increase of 741% from the average daily volume of 200,863,703 shares. The stock had previously closed at GBX 0.01 ($0.00).

Oracle Power Trading Up 23.1%

The firm has a market cap of £1.19 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. The stock’s fifty day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02.

Oracle Power (LON:ORCP) last announced its quarterly earnings data on Monday, June 23rd. The company reported GBX (0.01) earnings per share for the quarter.

About Oracle Power

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.