OPG Power Ventures (LON:OPG) Trading 12.6% Higher – Here’s What Happened

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price shot up 12.6% on Saturday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares changed hands during mid-day trading, an increase of 159% from the average session volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Price Performance

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 stock has a 50 day simple moving average of GBX 7.13 and a 200-day simple moving average of GBX 9.09. The firm has a market cap of £23.24 million, a PE ratio of 580.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71.

OPG Power Ventures Company Profile

(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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