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

Shares of OPG Power Ventures Plc (LON:OPG) rose 12.6% during mid-day trading on Saturday . The company 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 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 Stock Performance

The company 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 firm has a fifty day simple moving average of GBX 7.21 and a 200 day simple moving average of GBX 9.14. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32.

OPG Power Ventures Company Profile

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.