OPG Power Ventures (LON:OPG) Shares Down 7.7% – What’s Next?

OPG Power Ventures Plc (LON:OPGGet Free Report) shares were down 7.7% during mid-day trading on Tuesday . The stock traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). Approximately 190,680 shares traded hands during trading, a decline of 57% from the average daily volume of 444,094 shares. The stock had previously closed at GBX 6.50 ($0.08).

OPG Power Ventures Stock Performance

The stock has a fifty day moving average price of GBX 7.07 and a 200 day moving average price of GBX 9.07. The company has a current ratio of 1.54, a quick ratio of 0.32 and a debt-to-equity ratio of 16.80. The firm has a market cap of £24.04 million, a price-to-earnings ratio of 600.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71.

OPG Power Ventures Company Profile

(Get Free Report)

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.

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