OPG Power Ventures (LON:OPG) Shares Up 16.5% – Here’s What Happened

OPG Power Ventures Plc (LON:OPGGet Free Report) shot up 16.5% on Friday . The company traded as high as GBX 6.10 ($0.08) and last traded at GBX 6 ($0.07). 1,389,315 shares were traded during mid-day trading, an increase of 212% from the average session volume of 445,277 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Price Performance

The company has a debt-to-equity ratio of 16.80, a quick ratio of 0.32 and a current ratio of 1.54. The firm has a 50-day moving average price of GBX 7.21 and a 200 day moving average price of GBX 9.14. The stock has a market capitalization of £23.24 million, a P/E ratio of 580.00, 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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