OPG Power Ventures (LON:OPG) Shares Up 12.6% – Time to Buy?

OPG Power Ventures Plc (LON:OPG)’s share price rose 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). Approximately 1,152,199 shares were traded 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 Stock Performance

The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32. The company has a fifty day moving average price of GBX 7.13 and a two-hundred day moving average price of GBX 9.11. The company has a market capitalization of £23.24 million, a P/E ratio of 580.00, a PEG ratio of 0.15 and a beta of 0.71.

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.