OPG Power Ventures (LON:OPG) Trading 12.6% Higher – Time to Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price was up 12.6% during mid-day trading on Saturday . The company 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 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 Trading Up 12.6 %

The firm’s 50-day simple moving average is GBX 7.21 and its 200 day simple moving average is GBX 9.14. The stock has a market cap of £23.24 million, a P/E ratio of 580.00, a PEG 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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