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Oracle Power's stock surged 18.8% on high volume, reaching GBX 0.02, despite financial concerns.
Oracle Power (LON:ORCP) saw its shares rise by 18.8% on Wednesday, reaching GBX 0.02 ($0.00), with trading volume increasing by 354% to 1.046 billion shares.
The company, an international project developer in natural resources and energy sectors, has a market cap of £1.42 million and a PE ratio of -3.10.
Despite the surge, Oracle Power has a debt-to-equity ratio of 9.98.
Its 50-day and 200-day moving averages are both at GBX 0.02.
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El stock de Oracle Power aumentó 18,8% en volumen alto, alcanzando GBX 0.02, a pesar de las preocupaciones financieras.