Oracle Power (LON:ORCP) Shares Up 6.3%

Oracle Power plc (LON:ORCP)’s stock price rose 6.3% during mid-day trading on Thursday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 1,131,775 shares were traded during trading, a decline of 95% from the average daily volume of 20,701,332 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Up 6.3 %

The company has a fifty day simple moving average of GBX 0.02 and a 200-day simple moving average of GBX 0.02. The company has a quick ratio of 5.67, a current ratio of 1.71 and a debt-to-equity ratio of 9.98. The firm has a market cap of £1.27 million, a P/E ratio of -3.10 and a beta of 1.44.

Oracle Power Company Profile

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.