Oracle Power (LON:ORCP) Shares Up 20% – Here’s Why

Shares of Oracle Power plc (LON:ORCPGet Free Report) were up 20% during trading on Thursday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 786,643,125 shares traded hands during trading, an increase of 283% from the average daily volume of 205,168,594 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Performance

The company has a market capitalization of £1.42 million, a P/E ratio of -3.10 and a beta of 1.44. The company has a current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98. The company’s fifty day moving average is GBX 0.02 and its 200 day moving average 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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