OPG Power Ventures (LON:OPG) Shares Down 7.7% – Time to Sell?

by · The Cerbat Gem

OPG Power Ventures Plc (LON:OPG – Get Free Report)’s share price traded down 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 mid-day 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 Stock Performance

The company has a market cap of £24.04 million, a PE ratio of 600.00, a PEG ratio of 0.15 and a beta of 0.71. 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 business’s 50 day moving average is GBX 7 and its two-hundred day moving average is GBX 9.04.

OPG Power Ventures Company Profile

(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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