Orcadian Energy Plc (LON:ORCA – Get Rating) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4 ($0.05), with a volume of 7552 shares trading hands. The stock had previously closed at GBX 4.75 ($0.06).
Orcadian Energy Price Performance
The stock has a market capitalization of £3.63 million and a price-to-earnings ratio of -225.00. The company has a debt-to-equity ratio of 37.67, a current ratio of 0.20 and a quick ratio of 3.06. The stock’s 50 day simple moving average is GBX 6.31 and its 200-day simple moving average is GBX 12.71.
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 & Crinan discoveries; and P2482, which include the Elke and Narwhal discoveries.
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