Oracle Power (LON:ORCP) Trading Up 13%

Oracle Power plc (LON:ORCPGet Free Report)’s stock price rose 13% on Friday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 342,707 shares changed hands during trading, a decline of 98% from the average daily volume of 21,639,695 shares. The stock had previously closed at GBX 0.02 ($0.00).

Oracle Power Stock Performance

The stock has a market cap of £1.70 million, a price-to-earnings ratio of -3.10 and a beta of 1.44. The company has a current ratio of 1.61, a quick ratio of 5.67 and a debt-to-equity ratio of 9.98. The stock’s 50 day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.03.

About Oracle Power

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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.

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