OPG Power Ventures (LON:OPG) Shares Down 7.7% – Here’s Why

Shares of OPG Power Ventures Plc (LON:OPGGet Free Report) traded down 7.7% during trading on Wednesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares were traded during mid-day trading, a decline of 57% from the average session 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 debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32. The company has a fifty day moving average price of GBX 7 and a 200 day moving average price of GBX 9.04. The company has a market capitalization of £24.04 million, a P/E ratio of 600.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71.

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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