Oracle Power (LON:ORCP) Shares Down 14.3% – Here’s What Happened

Oracle Power plc (LON:ORCP)’s stock price dropped 14.3% on Saturday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 261,077,375 shares traded hands during trading, an increase of 27% from the average daily volume of 205,953,609 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Price Performance

The firm has a market cap of £1.34 million, a price-to-earnings ratio of -3.10 and a beta of 1.44. The business’s 50-day simple moving average is GBX 0.03 and its two-hundred day simple moving average 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.

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.