OPG Power Ventures Plc (LON:OPG – Get Free Report) shares shot up 1.1% on Thursday. The company traded as high as GBX 5.70 and last traded at GBX 5.50. Approximately 1,752,128 shares traded hands during trading, an increase of 83% from the average session volume of 957,001 shares. The stock had previously closed at GBX 5.44.
OPG Power Ventures Stock Performance
The stock has a market cap of £22.04 million, a price-to-earnings ratio of 15.71, a PEG ratio of 0.15 and a beta of 0.71. The company has a debt-to-equity ratio of 6.36, a current ratio of 1.90 and a quick ratio of 0.32. The firm has a fifty day moving average of GBX 5.50 and a 200 day moving average of GBX 5.50.
About OPG Power Ventures
OPG operates and develops power generation assets in India and currently has 414 MW in operation principally under the group captive model and 62MW of Solar assets. OPG has been listed on the AIM market of the London Stock Exchange since May 2008 and since listing in 2008, the Company has grown from 20 MW of generating capacity to 476 MW, consistently delivering strong results as well as growth. In our view India provides exciting and dynamic opportunities in our sector given its low and rising per capita consumption of electricity as well as India’s overall economic growth estimates.
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