OPG Power Ventures (LON:OPG) Trading 16.5% Higher – Here’s Why

OPG Power Ventures Plc (LON:OPGGet Free Report) shares shot 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 ($0.07). 1,389,315 shares traded hands 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 Stock Up 12.6 %

The company has a 50 day simple moving average of GBX 7.21 and a two-hundred day simple moving average of GBX 9.14. 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 firm has a market capitalization 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

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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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