Oracle Power (LON:ORCP) Stock Price Up 18.8% – Still a Buy?

Oracle Power plc (LON:ORCP) shares shot up 18.8% on Wednesday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 1,046,930,875 shares changed hands during trading, an increase of 354% from the average session volume of 230,721,047 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 18.8 %

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 has a market capitalization of £1.42 million, a P/E ratio of -3.10 and a beta of 1.44. The stock’s 50 day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.02.

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.