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

OPG Power Ventures Plc (LON:OPG) traded down 7.7% on Wednesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares were traded during mid-day trading, a decline of 57% from the average session 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 fifty day moving average of GBX 6.85 and a two-hundred day moving average of GBX 8.98. The company has a current ratio of 1.54, a quick ratio of 0.32 and a debt-to-equity ratio of 16.80. The company has a market capitalization of £23.66 million, a PE ratio of 590.50, a PEG ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

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.