OPG Power Ventures (LON:OPG) Shares Down 7.7% – Should You Sell?

Shares of OPG Power Ventures Plc (LON:OPG) 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 were traded 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 Trading Down 7.7 %

The business’s 50 day simple moving average is GBX 6.93 and its 200 day simple moving average is GBX 9.01. The stock has a market cap of £24.04 million, a price-to-earnings ratio of 600.00, a PEG ratio of 0.15 and a beta of 0.71. The company has a quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80.

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.