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

OPG Power Ventures Plc (LON:OPG)’s share price traded down 7.7% on Wednesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares traded hands during mid-day 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 market capitalization of £23.66 million, a price-to-earnings ratio of 590.50, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71. The firm has a fifty day simple moving average of GBX 6.85 and a 200 day simple moving average of GBX 8.98. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32.

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.