OPG Power Ventures (LON:OPG) Shares Down 7.7% – Here’s What Happened

by · The Cerbat Gem

OPG Power Ventures Plc (LON:OPG – Get Free Report)’s share price was down 7.7% 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 daily 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 50 day moving average of GBX 7 and a two-hundred day moving average of GBX 9.04. The firm has a market cap of £24.04 million, a P/E ratio of 600.00, a PEG ratio of 0.15 and a beta of 0.71. The company has a quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80.

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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