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

by · The Markets Daily

Shares of OPG Power Ventures Plc (LON:OPG – Get Free Report) dropped 7.7% during trading on Wednesday . The stock traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). Approximately 190,680 shares were traded during 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 company’s 50-day moving average is GBX 7 and its 200-day moving average is GBX 9.04. The company has a debt-to-equity ratio of 16.80, a quick ratio of 0.32 and a current ratio of 1.54. The firm has a market cap 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.

OPG Power Ventures Company Profile

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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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