Oracle Power (LON:ORCP) Shares Down 11.1% – Should You Sell?

Oracle Power plc (LON:ORCP)’s stock price dropped 11.1% on Thursday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 545,193,750 shares traded hands during mid-day trading, an increase of 148% from the average daily volume of 219,628,828 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Performance

The company’s 50-day moving average is GBX 0.02 and its two-hundred day moving average 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. The company has a market cap of £1.34 million, a P/E ratio of -3.10 and a beta of 1.44.

Oracle Power Company Profile

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.