Oracle Power (LON:ORCP) Trading Up 37.5% – What’s Next?

Shares of Oracle Power plc (LON:ORCP) rose 37.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 1,194,998,875 shares traded hands during mid-day trading, an increase of 432% from the average daily volume of 224,623,594 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 15.8 %

The stock has a 50-day moving average of GBX 0.02 and a 200 day moving average of 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. The company has a market cap of £1.19 million, a P/E ratio of -3.10 and a beta of 1.44.

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.