Greenlane Renewables Inc. (TSE:GRN – Get Free Report)’s share price dropped 2.4% on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.20. 56,900 shares were traded during mid-day trading, a decline of 48% from the average session volume of 108,407 shares. The stock had previously closed at C$0.21.
Greenlane Renewables Trading Down 2.4%
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 fifty day simple moving average of C$0.22 and a 200 day simple moving average of C$0.23. The firm has a market capitalization of C$31.92 million, a P/E ratio of -20.00, a PEG ratio of -555.67 and a beta of 3.76.
Greenlane Renewables (TSE:GRN – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$11.31 million during the quarter. Greenlane Renewables had a negative net margin of 4.32% and a negative return on equity of 8.55%. As a group, research analysts forecast 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.
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