Oracle Power (LON:ORCP) Shares Down 7.1% – Here’s What Happened

Oracle Power plc (LON:ORCP) traded down 7.1% on Thursday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 1,418,345,875 shares traded hands during trading, an increase of 616% from the average session volume of 198,037,875 shares. The stock had previously closed at GBX 0.01 ($0.00).

Oracle Power Trading Up 7.7%

The stock has a market cap of £1.04 million, a P/E ratio of -3.10 and a beta of 1.44. 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 company has a 50-day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02.

Oracle Power (LON:ORCP) last released its earnings results on Monday, June 23rd. The company reported GBX (0.01) earnings per share for the quarter.

About Oracle Power

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.