OPG Power Ventures (LON:OPG) Shares Up 12.6% – What’s Next?

by · The Markets Daily

OPG Power Ventures Plc (LON:OPG – Get Free Report) shot up 12.6% on Saturday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares traded 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 Up 12.6 %

The business has a 50-day simple moving average of GBX 7.21 and a 200-day simple moving average of 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. The company has a market cap of £23.24 million, a price-to-earnings ratio of 580.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

(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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