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

OPG Power Ventures Plc (LON:OPG)’s stock price traded down 7.7% on Wednesday . The stock traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares were traded during 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 Stock 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 business has a 50-day moving average of GBX 6.85 and a 200-day moving average of GBX 8.98. The company has a market capitalization of £24.04 million, a P/E ratio of 600.00, a P/E/G ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

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.