Orcadian Energy (LON:ORCA) Stock Price Up 5.7%

Orcadian Energy Plc (LON:ORCA)’s share price shot up 5.7% on Friday . The stock traded as high as GBX 12.34 ($0.16) and last traded at GBX 11.50 ($0.14). 816,736 shares changed hands during mid-day trading, an increase of 191% from the average session volume of 280,563 shares. The stock had previously closed at GBX 10.88 ($0.14).

Orcadian Energy Stock Up 10.3 %

The company has a current ratio of 0.25, a quick ratio of 3.06 and a debt-to-equity ratio of 38.75. The firm’s 50 day simple moving average is GBX 10.36 and its two-hundred day simple moving average is GBX 13.88. The firm has a market cap of £9.48 million, a price-to-earnings ratio of -575.00 and a beta of -2.28.

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.