OPG Power Ventures (LON:OPG) Shares Up 16.5% – Time to Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s stock price traded up 16.5% during mid-day trading on Friday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 6 ($0.08). 1,389,315 shares were traded during trading, an increase of 212% from the average session volume of 445,277 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Price Performance

The firm has a 50 day moving average of GBX 7.13 and a 200-day moving average of GBX 9.11. The company has a current ratio of 1.54, a quick ratio of 0.32 and a debt-to-equity ratio of 16.80. The company has a market cap 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.

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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