Orcadian Energy Plc (LON:ORCA – Get Free Report)’s stock price traded down 16.3% during trading on Wednesday . The company traded as low as GBX 6.07 ($0.08) and last traded at GBX 6.07 ($0.08). 160,894 shares changed hands during trading, a decline of 19% from the average session volume of 199,445 shares. The stock had previously closed at GBX 7.25 ($0.09).
Orcadian Energy Trading Down 16.3 %
The firm has a market capitalization of £4.80 million, a P/E ratio of -375.00 and a beta of -2.28. The company has a quick ratio of 3.06, a current ratio of 0.25 and a debt-to-equity ratio of 38.75. The stock has a fifty day simple moving average of GBX 8.55 and a 200 day simple moving average of GBX 9.25.
About Orcadian Energy
Orcadian Energy Plc, together with its subsidiaries, operates as an oil and gas development company in the United Kingdom. The company holds 100% interest in UKCS Seaward Licences P2244, which contains the Pilot and Harbour heavy oil discoveries; P2320, consist of Blakeney, Feugh, Dandy, and Crinan discoveries; and P2482, which include the Elke and Narwhal discoveries.
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