OPG Power Ventures (LON:OPG) Trading Up 12.6% – Here’s Why

OPG Power Ventures Plc (LON:OPG)’s stock price rose 12.6% during mid-day trading on Saturday . The company traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). Approximately 1,152,199 shares changed 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 Price Performance

The company has a quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80. The company’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 market capitalization of £26.05 million, a P/E ratio of 650.00, a PEG ratio of 0.15 and a beta of 0.71.

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.