OPG Power Ventures (LON:OPG) Shares Down 7.7% – What’s Next?

by · The Markets Daily

Shares of OPG Power Ventures Plc (LON:OPG – Get Free Report) 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 changed hands during 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 business has a 50-day moving average of GBX 6.93 and a two-hundred day moving average of GBX 9.01. 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 firm has a market cap of £24.04 million, a P/E 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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