Oracle Power (LON:ORCP) Stock Price Up 23.1% – Here’s Why

Oracle Power plc (LON:ORCPGet Free Report)’s share price shot up 23.1% during mid-day trading on Saturday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 1,688,644,000 shares traded hands during mid-day trading, an increase of 741% from the average session volume of 200,863,703 shares. The stock had previously closed at GBX 0.01 ($0.00).

Oracle Power Stock Performance

The business’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 current ratio of 3.74, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98. The stock has a market cap of £1.19 million, a PE ratio of -3.10 and a beta of 1.44.

Oracle Power (LON:ORCPGet Free Report) last issued its quarterly earnings data on Monday, June 23rd. The company reported GBX (0.01) earnings per share (EPS) for the quarter.

Oracle Power Company Profile

(Get Free Report)

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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