OPG Power Ventures (LON:OPG) Trading Up 12.6% – Still a Buy?

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price shot up 12.6% during 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 changed hands 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 stock’s fifty day moving average price is GBX 7.13 and its 200 day moving average price is GBX 9.11. The stock has a market cap of £23.24 million, a P/E ratio of 580.00, a PEG 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.

OPG Power Ventures Company Profile

(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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