OPG Power Ventures (LON:OPG) Shares Up 12.6% – Here’s Why

OPG Power Ventures Plc (LON:OPG)’s stock price traded up 12.6% during mid-day 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 were traded during 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 Trading Up 12.6 %

The firm has a market capitalization of £23.24 million, a P/E ratio of 580.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71. 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 stock has a 50-day simple moving average of GBX 7.21 and a two-hundred day simple moving average of GBX 9.14.

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.