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

Shares of OPG Power Ventures Plc (LON:OPGGet Free Report) traded 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). 1,152,199 shares traded hands during mid-day 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 has a fifty day moving average of GBX 7.21 and a 200-day moving average of GBX 9.14. The company has a debt-to-equity ratio of 16.80, a quick ratio of 0.32 and a current ratio of 1.54. The firm has a market capitalization of £23.24 million, a P/E ratio of 580.00, 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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