Oracle Power (LON:ORCP) Trading Up 62.5% – Still a Buy?

Oracle Power plc (LON:ORCP)’s share price traded up 62.5% on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 1,357,131,125 shares were traded during mid-day trading, an increase of 489% from the average session volume of 230,252,313 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Down 15.0 %

The stock’s fifty day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.02. The stock has a market cap of £1.27 million, a P/E ratio of -3.10 and a beta of 1.44. The company has a debt-to-equity ratio of 9.98, a quick ratio of 5.67 and a current ratio of 3.74.

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.