OPG Power Ventures (LON:OPG) Trading 14% Higher – Here’s Why

OPG Power Ventures Plc (LON:OPGGet Free Report)’s stock price was up 14% during trading on Friday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.87 ($0.07). Approximately 1,321,716 shares traded hands during mid-day trading, an increase of 197% from the average daily volume of 445,005 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Stock Performance

The stock’s fifty day moving average price is GBX 7.13 and its two-hundred day moving average price is GBX 9.11. The company has a market cap of £23.24 million, a P/E ratio of 580.00, a P/E/G 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.

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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