Oracle Power PLC (LON:ORCP) insider Mark Steed bought 7,500 shares of the stock in a transaction on Monday, February 12th. The shares were acquired at an average cost of GBX 2 ($0.03) per share, with a total value of £150 ($207.24).

Shares of Oracle Power PLC (ORCP) opened at GBX 1.55 ($0.02) on Wednesday. Oracle Power PLC has a fifty-two week low of GBX 1.21 ($0.02) and a fifty-two week high of GBX 3.10 ($0.04).

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Oracle Power in a report on Monday.

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About Oracle Power

Oracle Power PLC, formerly Oracle Coalfields PLC, is a United Kingdom-based company involved in the exploration for and development of coal in Pakistan. The Company is principally engaged in the development of lignite coal resources in Block VI in the Thar desert, in the Sindh province in Pakistan, through an open-pit mine supplying a mine-mouth power plant.

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