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

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

OPG Power Ventures Stock Performance

The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32. The company’s fifty day simple moving average is GBX 7.13 and its two-hundred day simple moving average is GBX 9.09. The stock has a market cap of £23.24 million, a price-to-earnings ratio of 580.00, a P/E/G ratio of 0.15 and a beta of 0.71.

OPG Power Ventures Company Profile

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.