OPG Power Ventures (LON:OPG) Trading Down 2.9% – Time to Sell?

OPG Power Ventures Plc (LON:OPG)’s share price traded down 2.9% during mid-day trading on Friday . The company traded as low as GBX 4.80 ($0.06) and last traded at GBX 5 ($0.06). 170,694 shares traded hands during trading, a decline of 4% from the average session volume of 177,688 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Trading Down 2.9 %

The company has a debt-to-equity ratio of 16.80, a quick ratio of 0.32 and a current ratio of 1.54. The firm has a fifty day moving average price of GBX 5.18 and a 200 day moving average price of GBX 8.16. The company has a market cap of £20.04 million, a price-to-earnings ratio of 500.00, a P/E/G ratio of 0.15 and a beta of 0.71.

OPG Power Ventures (LON:OPG) last announced its quarterly earnings results on Friday, December 20th. The solar energy provider reported GBX 0.65 ($0.01) 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, equities 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.