Shares of Orcadian Energy Plc (LON:ORCA – Get Free Report) traded down 14% during mid-day trading on Monday . The company traded as low as GBX 11 ($0.14) and last traded at GBX 11.18 ($0.14). 229,120 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 186,683 shares. The stock had previously closed at GBX 13 ($0.16).
Orcadian Energy Trading Down 14.0 %
The business has a 50 day moving average price of GBX 6.71 and a 200-day moving average price of GBX 7.88. The firm has a market cap of £8.83 million, a price-to-earnings ratio of -662.10 and a beta of -2.29. The company has a quick ratio of 3.06, a current ratio of 0.25 and a debt-to-equity ratio of 38.75.
Orcadian Energy Company Profile
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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