Oracle Power (LON:ORCP) Stock Price Up 37.5% – Here’s What Happened

Oracle Power plc (LON:ORCPGet Free Report)’s stock price shot up 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). 1,034,049,375 shares were traded during trading, an increase of 365% from the average session volume of 222,147,438 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 31.3 %

The stock has a 50-day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02. The company has a debt-to-equity ratio of 9.98, a quick ratio of 5.67 and a current ratio of 3.74. The stock has a market capitalization of £1.56 million, a P/E ratio of -3.10 and a beta of 1.44.

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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