Oracle Power (LON:ORCP) Shares Up 31.3% – Here’s Why

Shares of Oracle Power plc (LON:ORCPGet Free Report) were up 31.3% during trading on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 2,022,765,000 shares were traded during mid-day trading, an increase of 691% from the average daily volume of 255,853,625 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 18.8 %

The stock has a market cap of £1.42 million, a P/E ratio of -3.10 and a beta of 1.44. The stock’s 50-day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.02. The company has a debt-to-equity ratio of 9.98, a current ratio of 3.74 and a quick ratio of 5.67.

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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