OPG Power Ventures (LON:OPG) Trading Down 7.7% – Here’s Why

OPG Power Ventures Plc (LON:OPG – Get Free Report)’s stock price traded down 7.7% on Wednesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares traded 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 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 stock’s 50 day moving average price is GBX 7 and its two-hundred day moving average price is GBX 9.04. The stock has a market cap of £24.04 million, a price-to-earnings ratio of 600.00, a price-to-earnings-growth 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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