Greenlane Renewables Inc. (TSE:GRN – Get Free Report) Director David Demers sold 63,037 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of C$0.20, for a total value of C$12,607.40. Following the transaction, the director directly owned 3,431,267 shares of the company’s stock, valued at approximately C$686,253.40. This trade represents a 1.80% decrease in their position.
Greenlane Renewables Stock Up 2.6%
TSE:GRN opened at C$0.20 on Friday. The firm has a market cap of C$31.16 million, a P/E ratio of -6.50, a P/E/G ratio of -555.67 and a beta of 3.63. The company has a debt-to-equity ratio of 11.71, a quick ratio of 2.05 and a current ratio of 1.54. Greenlane Renewables Inc. has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.32. The firm has a 50-day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.23.
Greenlane Renewables (TSE:GRN – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$11.31 million for the quarter. Greenlane Renewables had a negative net margin of 10.01% and a negative return on equity of 18.95%. Analysts predict that Greenlane Renewables Inc. will post 0.000286 earnings per share for the current fiscal year.
Greenlane Renewables Company Profile
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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