OPG Power Ventures (LON:OPG) Shares Down 7.7% – Here’s What Happened

OPG Power Ventures Plc (LON:OPG)’s share price was down 7.7% during trading on Wednesday . The stock traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). Approximately 190,680 shares were traded during trading, a decline of 57% from the average daily volume of 444,094 shares. The stock had previously closed at GBX 6.50 ($0.08).

OPG Power Ventures Stock Performance

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 has a market cap of £23.64 million, a price-to-earnings ratio of 590.00, a P/E/G ratio of 0.15 and a beta of 0.71. The stock has a 50 day moving average price of GBX 6.85 and a two-hundred day moving average price of GBX 8.98.

OPG Power Ventures Company Profile

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.