Oracle Power (LON:ORCP) Trading 9.1% Higher – Here’s Why

Oracle Power plc (LON:ORCPGet Free Report) shares were up 9.1% during mid-day trading on Friday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 165,616,125 shares changed hands during trading, a decline of 22% from the average daily volume of 212,760,063 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 22.7 %

The firm has a market cap of £2.01 million, a price-to-earnings ratio of -3.10 and a beta of 1.44. The company’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.02. 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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