OPG Power Ventures (LON:OPG) Trading 12.6% Higher – Here’s What Happened

by · The Cerbat Gem

OPG Power Ventures Plc (LON:OPG – Get Free Report) shares were up 12.6% during mid-day trading on Saturday . The company traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares changed hands during trading, an increase of 159% from the average session volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Stock Performance

The firm has a market capitalization of £23.24 million, a price-to-earnings ratio of 580.00, a PEG ratio of 0.15 and a beta of 0.71. The firm’s 50 day simple moving average is GBX 7.21 and its 200 day simple moving average is GBX 9.14. The company has a debt-to-equity ratio of 16.80, a quick ratio of 0.32 and a current ratio of 1.54.

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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