OPG Power Ventures (LON:OPG) Stock Price Up 12.6% – Still a Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report) shares were 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). Approximately 1,152,199 shares traded hands during 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 Stock Performance

The business’s fifty day moving average price is GBX 7.13 and its 200-day moving average price is GBX 9.09. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32. The stock has a market capitalization of £23.24 million, a PE ratio of 580.00, a P/E/G 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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