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

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

OPG Power Ventures Stock Down 7.7 %

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

OPG Power Ventures Company Profile

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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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