OPG Power Ventures (LON:OPG) Shares Up 12.6% – Should You Buy?

OPG Power Ventures Plc (LON:OPG)’s share price shot up 12.6% on Friday . The company traded as high as GBX 6.10 ($0.08) and last traded at GBX 5.80 ($0.07). 1,152,199 shares traded hands during mid-day trading, an increase of 159% from the average session volume of 444,325 shares. The stock had previously closed at GBX 5.15 ($0.06).

OPG Power Ventures Price Performance

The stock has a fifty day moving average of GBX 7.13 and a two-hundred day moving average of GBX 9.11. The stock has a market cap of £23.24 million, a price-to-earnings ratio of 580.00, a price-to-earnings-growth 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.

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.