Orcadian Energy (LON:ORCA) shares fall 0.1%

Shares of Orcadian Energy Plc (LON:ORCA – Get Rating) fell 0.1% in Wednesday’s trading. The company traded as low as GBX 32 ($0.39) and last traded at GBX 32.98 ($0.40). About 12,000 shares changed hands during the midday session, down 74% from the average daily volume of 45,783 shares. The stock had previously closed at GBX 33 ($0.40).

Analyst upgrades and downgrades

Separately, Shore Capital reaffirmed a “real estate stock” rating on Orcadian Energy shares in a Wednesday, Aug. 3 research report.

Orcadian Energy shares down 0.1%

The stock has a market capitalization of £21.97 million and a P/E ratio of -14.99. The company has a debt ratio of 27.68, a current ratio of 3.06 and a quick ratio of 3.06. The stock’s 50-day moving average is 35.64 GBX.

About Orcadian Energy

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Orcadian Energy PLC, together with its subsidiaries, operates as an oil and gas development company in the United Kingdom. It has four licenses. The company’s key asset is the 100% interest in the pilot field with verified proven and probable reserves of 79 million barrels. Orcadian Energy PLC was founded in 2014 and is based in London, UK.

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