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

Shares of OPG Power Ventures Plc (LON:OPGGet Free Report) dropped 7.7% during trading on Tuesday . The stock traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). Approximately 190,680 shares changed hands 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 Trading Down 7.7 %

The stock’s 50 day simple moving average is GBX 7.07 and its two-hundred day simple moving average is GBX 9.07. The stock has a market capitalization 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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