Greenlane Renewables Inc. (TSE:GRN – Get Free Report)’s stock price shot up 2.3% during trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.22. 37,711 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 106,642 shares. The stock had previously closed at C$0.21.
Greenlane Renewables Stock Performance
The company has a quick ratio of 2.05, a current ratio of 1.54 and a debt-to-equity ratio of 11.69. The stock has a market cap of C$35.12 million, a P/E ratio of -22.00, a price-to-earnings-growth ratio of -555.67 and a beta of 3.75. The firm’s 50-day moving average is C$0.22 and its two-hundred day moving average is C$0.23.
Greenlane Renewables (TSE:GRN – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported C($0.01) EPS for the quarter. Greenlane Renewables had a negative return on equity of 8.55% and a negative net margin of 4.32%.The business had revenue of C$9.54 million during the quarter. As a group, research analysts expect that Greenlane Renewables Inc. will post 0.000286 EPS for the current year.
About Greenlane Renewables
Greenlane is driving change: accelerating the energy transition. We are cleaning up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and commercial transportation. As a pioneer and leading global specialist in biogas desulfurization and upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years with more than 355 systems supplied into 28 countries. We transform biogas generated from organic waste into high-value grid-ready renewable natural gas (‘RNG’) from a wide range of sources such as landfills, sugar mills, dairy farms, wastewater, and food waste.
See Also
- Five stocks we like better than Greenlane Renewables
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for Greenlane Renewables Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenlane Renewables and related companies with MarketBeat.com's FREE daily email newsletter.
