OPG Power Ventures (LON:OPG) Trading Up 12.6% – Time to Buy?

by · The Cerbat Gem

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

OPG Power Ventures Price Performance

The stock has a market cap 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. The company has a current ratio of 1.54, a quick ratio of 0.32 and a debt-to-equity ratio of 16.80. The company’s fifty day simple moving average is GBX 7.13 and its 200-day simple moving average is GBX 9.11.

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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