OPG Power Ventures (LON:OPG) Shares Up 12.6% – Time to Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s stock price shot up 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). 1,152,199 shares were traded during trading, an increase of 159% from the average session volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Stock Up 12.6 %

The stock has a 50-day moving average of GBX 7.13 and a 200-day moving average of 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 firm has a market cap of £23.24 million, a price-to-earnings ratio of 580.00, a P/E/G ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

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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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