OPG Power Ventures (LON:OPG) Trading Up 12.6% – Still a Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price shot up 12.6% during trading 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 traded hands during 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 business’s 50-day simple moving average is GBX 7.13 and its 200 day simple moving average is GBX 9.09. The company has a market capitalization of £23.24 million, a P/E ratio of 580.00, a P/E/G ratio of 0.15 and a beta of 0.71. The company has a current ratio of 1.54, a quick ratio of 0.32 and a debt-to-equity ratio of 16.80.

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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