OPG Power Ventures (LON:OPG) Trading 12.6% Higher – Still a Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price traded up 12.6% during trading on Friday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares changed hands during mid-day 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 Up 12.6 %

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 stock’s fifty day simple moving average is GBX 7.21 and its two-hundred day simple moving average is GBX 9.14. The company has a market capitalization of £23.24 million, a price-to-earnings 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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