Oracle Power (LON:ORCP) Shares Down 6.3% – Should You Sell?

Oracle Power plc (LON:ORCP)’s share price traded down 6.3% on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 84,152,359 shares were traded during mid-day trading, a decline of 59% from the average session volume of 204,825,063 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 6.3 %

The firm’s 50 day simple moving average is GBX 0.02 and its 200-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. The stock has a market capitalization of £1.12 million, a price-to-earnings ratio of -3.10 and a beta of 1.44.

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.