OPG Power Ventures (LON:OPG) Shares Up 12.6% – Here’s What Happened

OPG Power Ventures Plc (LON:OPG)’s stock price was up 12.6% during mid-day trading on Friday . The company traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). Approximately 1,152,199 shares changed hands during trading, an increase of 159% from the average daily volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Trading Up 12.6 %

The firm has a market capitalization of £23.24 million, a PE ratio of 580.00, a P/E/G ratio of 0.15 and a beta of 0.71. The company’s fifty day simple moving average is GBX 7.21 and its 200-day simple moving average is GBX 9.14. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32.

OPG Power Ventures Company Profile

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. The company operates 414 MW of thermal power and 62 MW solar power assets. It primarily sells electric power to public sector undertakings and heavy industrial companies.