OPG Power Ventures (LON:OPG) Shares Up 12.6% – Here’s What Happened

OPG Power Ventures Plc (LON:OPG) shares shot up 12.6% on Friday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares traded hands during trading, an increase of 159% from the average session volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Stock Performance

The stock’s fifty day simple moving average is GBX 7.13 and its 200-day simple moving average is GBX 9.11. The company has a quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80. The company has a market capitalization of £23.24 million, a PE ratio of 580.00, a PEG 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.