OPG Power Ventures (LON:OPG) Stock Price Up 12.6% – Here’s What Happened

OPG Power Ventures Plc (LON:OPG)’s stock price was up 12.6% on Friday . The stock traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). Approximately 1,152,199 shares changed hands during mid-day trading, an increase of 159% from the average daily volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Price Performance

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 has a market capitalization of £23.24 million, a price-to-earnings ratio of 580.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71. The business’s 50 day simple moving average is GBX 7.21 and its 200-day simple moving average is 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.