Oracle Power (LON:ORCP) Trading Up 8.3% – Should You Buy?

Oracle Power plc (LON:ORCPGet Free Report) shares rose 8.3% during trading on Tuesday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 161,584,391 shares traded hands during trading, an increase of 486% from the average daily volume of 27,578,025 shares. The stock had previously closed at GBX 0.01 ($0.00).

Oracle Power Trading Down 1.5 %

The company has a debt-to-equity ratio of 9.98, a current ratio of 3.74 and a quick ratio of 5.67. The stock has a 50-day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02. The stock has a market cap of £968,500.00, a PE ratio of -3.10 and a beta of 1.44.

About Oracle Power

(Get Free Report)

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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