OPG Power Ventures (LON:OPG) Stock Price Up 10.5% – Should You Buy?

OPG Power Ventures Plc (LON:OPG)’s stock price traded up 10.5% during trading on Wednesday . The stock traded as high as GBX 5.38 ($0.07) and last traded at GBX 5.38 ($0.07). 77,090 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 181,587 shares. The stock had previously closed at GBX 4.87 ($0.06).

OPG Power Ventures Trading Down 6.8 %

The firm has a market cap of £19.24 million, a P/E ratio of 480.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71. The company’s fifty day moving average price is GBX 5.18 and its two-hundred day moving average price is GBX 8.16. The company has a current ratio of 1.54, a quick ratio of 0.32 and a debt-to-equity ratio of 16.80.

OPG Power Ventures (LON:OPG) last issued its quarterly earnings results on Friday, December 20th. The solar energy provider reported GBX 0.65 ($0.01) earnings per share (EPS) for the quarter. OPG Power Ventures had a net margin of 2.64% and a return on equity of 2.40%. As a group, sell-side analysts predict that OPG Power Ventures Plc will post 1.1836862 EPS for the current fiscal year.

OPG Power Ventures Company Profile

OPG operates and develops power generation assets in India and currently has 414 MW in operation principally under the group captive model and 62MW of Solar assets.
OPG has been listed on the AIM market of the London Stock Exchange since May 2008 and since listing in 2008, the Company has grown from 20 MW of generating capacity to 476 MW, consistently delivering strong results as well as growth.
In our view India provides exciting and dynamic opportunities in our sector given its low and rising per capita consumption of electricity as well as India’s overall economic growth estimates.