OPG Power Ventures (LON:OPG) Shares Up 12.6% – Still a Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price rose 12.6% during 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 Stock Performance

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 debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32. The stock has a 50-day simple moving average of GBX 7.13 and a 200-day simple moving average of GBX 9.09.

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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