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

Shares of OPG Power Ventures Plc (LON:OPGGet Free Report) were down 7.7% during mid-day trading on Tuesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). Approximately 190,680 shares traded hands during trading, a decline of 57% from the average daily volume of 444,094 shares. The stock had previously closed at GBX 6.50 ($0.08).

OPG Power Ventures Price Performance

The company has a 50 day simple moving average of GBX 7.07 and a 200 day simple moving average of GBX 9.07. The company has a market capitalization of £24.04 million, a price-to-earnings ratio of 600.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71. The company has a quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80.

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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