Oracle Power (LON:ORCP) Stock Price Up 9.1%

Oracle Power plc (LON:ORCP) shares were up 9.1% on Friday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 266,861 shares changed hands during trading, a decline of 99% from the average daily volume of 24,260,498 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Performance

The business’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03. The company has a debt-to-equity ratio of 9.98, a current ratio of 1.61 and a quick ratio of 5.67. The stock has a market capitalization of £1.57 million, a PE ratio of -3.10 and a beta of 1.44.

About Oracle Power

Oracle Power plc engages in the exploration and development of coal in Pakistan. It is also involved in building a mine-mouth power plant. The company primarily holds interests in the Thar Block VI project that covers an area of 9,100 square kilometers located in the Thar Province of Pakistan. In addition, it holds interest in the gold licenses, including Jundee East project that comprises 29 blocks covering and area of approximately 89.3 square kilometers; and the Northern Zone project, which covers an area of 82 hectares located in Western Australia, as well as develops green hydrogen project in Pakistan.