Oracle Power (LON:ORCP) Shares Up 26.7% – Here’s Why

Oracle Power plc (LON:ORCPGet Free Report) shares shot up 26.7% during mid-day trading on Thursday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 693,988,500 shares were traded during mid-day trading, an increase of 242% from the average session volume of 203,154,359 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Trading Up 26.7 %

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 firm has a market cap of £1.42 million, a P/E ratio of -3.10 and a beta of 1.44. The business’s 50-day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.02.

Oracle Power Company Profile

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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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