OPG Power Ventures (LON:OPG) Stock Price Down 7.7% – Should You Sell?

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

OPG Power Ventures Trading Down 1.6 %

The stock’s 50 day simple moving average is GBX 6.85 and its 200 day simple moving average is GBX 8.98. The firm has a market cap of £23.66 million, a PE ratio of 590.50, a PEG ratio of 0.15 and a beta of 0.71. 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

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.