Oracle Power (LON:ORCP) Stock Price Down 10.5% – Should You Sell?

Shares of Oracle Power plc (LON:ORCPGet Free Report) dropped 10.5% during trading on Wednesday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 229,206,406 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 206,164,547 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 21.1 %

The firm’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.02. The firm has a market capitalization of £1.12 million, a price-to-earnings ratio of -3.10 and a beta of 1.44. 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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