OPG Power Ventures (LON:OPG) Shares Up 12.6% – Still a Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s stock price shot up 12.6% during trading on Saturday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares were traded 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 firm has a 50-day moving average price of GBX 7.21 and a two-hundred day moving average price of GBX 9.14. 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 firm has a market cap of £23.24 million, a PE ratio of 580.00, a P/E/G ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

(Get Free Report)

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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