OPG Power Ventures (LON:OPG) Shares Down 7.7% – Here’s What Happened

OPG Power Ventures Plc (LON:OPGGet Free Report) was down 7.7% on Tuesday . 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 Price Performance

The firm has a 50-day moving average of GBX 7.07 and a 200-day moving average of GBX 9.07. The stock has a market cap of £24.04 million, a PE ratio of 600.00, a PEG ratio of 0.15 and a beta of 0.71. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32.

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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