OPG Power Ventures (LON:OPG) Stock Price Down 7.7% – Here’s Why

OPG Power Ventures Plc (LON:OPGGet Free Report)’s share price fell 7.7% during trading on Tuesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares changed hands during trading, a decline of 57% from the average session volume of 444,094 shares. The stock had previously closed at GBX 6.50 ($0.08).

OPG Power Ventures Price Performance

The company has a market cap of £24.04 million, a PE ratio of 600.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.71. The business has a 50 day moving average of GBX 7.07 and a 200 day moving average of GBX 9.07. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32.

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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