Shares of Orcadian Energy Plc (LON:ORCA – Get Free Report) were up 14.3% during trading on Wednesday . The stock traded as high as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). Approximately 95,187 shares traded hands during trading, a decline of 48% from the average daily volume of 181,409 shares. The stock had previously closed at GBX 7 ($0.09).
Orcadian Energy Stock Down 3.9 %
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 firm has a market capitalization of £6.83 million, a price-to-earnings ratio of -450.00 and a beta of -2.29. The stock has a 50 day moving average of GBX 6.44 and a 200 day moving average of GBX 7.92.
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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