OPG Power Ventures (LON:OPG) Trading 12.6% Higher – Here’s What Happened

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price shot 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 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 Trading Up 12.6 %

The business’s 50 day moving average is GBX 7.21 and its 200-day moving average is GBX 9.14. The firm has a market cap 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 quick ratio of 0.32, a current ratio of 1.54 and a debt-to-equity ratio of 16.80.

About OPG Power Ventures

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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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