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

OPG Power Ventures Plc (LON:OPGGet Free Report) shares fell 7.7% during mid-day trading on Tuesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 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 Trading Down 7.7 %

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 market cap 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 firm has a 50 day simple moving average of GBX 7 and a 200 day simple moving average of GBX 9.04.

About OPG Power Ventures

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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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