OPG Power Ventures (LON:OPG) Shares Down 0.3% – Should You Sell?

OPG Power Ventures Plc (LON:OPG)’s share price dropped 0.3% on Tuesday . The company traded as low as GBX 4.80 ($0.06) and last traded at GBX 5.24 ($0.07). Approximately 151,621 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 183,070 shares. The stock had previously closed at GBX 5.25 ($0.07).

OPG Power Ventures Stock Down 14.3 %

The stock has a fifty day moving average of GBX 5.18 and a two-hundred day moving average of GBX 8.27. The company has a quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80. The stock has a market cap of £18.03 million, a price-to-earnings ratio of 450.00, a PEG ratio of 0.15 and a beta of 0.71.

OPG Power Ventures (LON:OPG) last released its quarterly earnings data on Friday, December 20th. The solar energy provider reported GBX 0.65 ($0.01) EPS for the quarter. OPG Power Ventures had a return on equity of 2.40% and a net margin of 2.64%. As a group, analysts predict that OPG Power Ventures Plc will post 1.1836862 EPS for the current fiscal year.

OPG Power Ventures Company Profile

OPG operates and develops power generation assets in India and currently has 414 MW in operation principally under the group captive model and 62MW of Solar assets.
OPG has been listed on the AIM market of the London Stock Exchange since May 2008 and since listing in 2008, the Company has grown from 20 MW of generating capacity to 476 MW, consistently delivering strong results as well as growth.
In our view India provides exciting and dynamic opportunities in our sector given its low and rising per capita consumption of electricity as well as India’s overall economic growth estimates.