OPG Power Ventures (LON:OPG) Shares Pass Below Two Hundred Day Moving Average of $8.78

OPG Power Ventures Plc (LON:OPG) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 8.78 ($0.11) and traded as low as GBX 8.25 ($0.10). OPG Power Ventures shares last traded at GBX 8.25 ($0.10), with a volume of 89,566 shares changing hands.

OPG Power Ventures Price Performance

The company has a quick ratio of 0.32, a current ratio of 1.29 and a debt-to-equity ratio of 22.25. The stock’s 50-day moving average price is GBX 8.76 and its 200 day moving average price is GBX 8.78. The firm has a market capitalization of £33.06 million, a price-to-earnings ratio of 825.00, a PEG ratio of 0.15 and a beta of 0.57.

Insider Activity at OPG Power Ventures

In related news, insider Avantika Gupta bought 50,000 shares of the stock in a transaction on Thursday, July 27th. The stock was bought at an average price of GBX 9 ($0.11) per share, with a total value of £4,500 ($5,631.34). 62.15% of the stock is currently owned by insiders.

OPG Power Ventures Company Profile

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. It operates thermal and solar power plants. The company primarily sells electric power to public sector undertakings and heavy industrial companies. OPG Power Ventures Plc was incorporated in 2008 and is based in Chennai, India.