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

by · The Cerbat Gem

OPG Power Ventures Plc (LON:OPG – Get Free Report)’s stock price was down 7.7% during mid-day trading on Wednesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). Approximately 190,680 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 444,094 shares. The stock had previously closed at GBX 6.50 ($0.08).

OPG Power Ventures Trading Down 7.7 %

The firm’s 50-day simple moving average is GBX 7 and its 200 day simple moving average is GBX 9.04. 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 capitalization of £24.04 million, a price-to-earnings ratio of 600.00, a P/E/G ratio of 0.15 and a beta of 0.71.

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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