OPG Power Ventures (LON:OPG) Shares Down 7.7% – Here’s Why

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

OPG Power Ventures Price Performance

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 company has a market capitalization of £24.04 million, a P/E ratio of 600.00, a P/E/G ratio of 0.15 and a beta of 0.71. The company’s 50-day simple moving average is GBX 6.93 and its 200 day simple moving average is GBX 9.01.

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.

Further Reading

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