Oracle Power (LON:ORCP) Shares Up 12.5% – Time to Buy?

Oracle Power plc (LON:ORCP)’s share price shot up 12.5% during mid-day trading on Saturday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 333,362,906 shares traded hands during trading, an increase of 51% from the average session volume of 220,533,094 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Up 12.5 %

The firm has a fifty day simple moving average of GBX 0.02 and a 200-day simple moving average of GBX 0.02. The firm has a market cap of £1.34 million, a price-to-earnings 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.