OPG Power Ventures (LON:OPG) Trading Down 7.7% – Here’s What Happened

Shares of OPG Power Ventures Plc (LON:OPGGet Free Report) were 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). Approximately 190,680 shares changed hands during mid-day trading, a decline of 57% from the average daily 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 quick ratio of 0.32 and a current ratio of 1.54. The stock’s 50 day simple moving average is GBX 7 and its two-hundred day simple moving average is GBX 9.04. The firm has a market capitalization of £24.04 million, a PE ratio of 600.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71.

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.

Featured Stories

Receive News & Ratings for OPG Power Ventures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OPG Power Ventures and related companies with MarketBeat.com's FREE daily email newsletter.