OPG Power Ventures (LON:OPG) Shares Down 7.7% – Here’s What Happened

OPG Power Ventures Plc (LON:OPG)’s stock price traded down 7.7% during mid-day trading on Tuesday . The stock traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares traded hands during mid-day 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 Stock Down 7.7 %

The company has a debt-to-equity ratio of 16.80, a quick ratio of 0.32 and a current ratio of 1.54. The firm has a fifty day simple moving average of GBX 7.07 and a 200-day simple moving average of GBX 9.07. The firm has a market cap of £24.04 million, a price-to-earnings ratio of 600.00, a P/E/G ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

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.