Drax Group plc (LON:DRX – Get Free Report) shares rose 1.6% during mid-day trading on Thursday . The company traded as high as GBX 659.55 ($8.32) and last traded at GBX 645.50 ($8.15). Approximately 1,025,915 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 1,481,443 shares. The stock had previously closed at GBX 635.50 ($8.02).
Drax Group Price Performance
The company has a current ratio of 1.26, a quick ratio of 0.32 and a debt-to-equity ratio of 63.77. The company has a market capitalization of £2.44 billion, a P/E ratio of 386.75, a P/E/G ratio of 0.10 and a beta of 1.22. The company has a 50 day moving average price of GBX 647.36 and a 200 day moving average price of GBX 607.62.
Drax Group Company Profile
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.
Read More
- Five stocks we like better than Drax Group
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Investing in Construction Stocks
- Texas Instruments: The Old-School Tech Titan Still Delivering
- Financial Services Stocks Investing
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Receive News & Ratings for Drax Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drax Group and related companies with MarketBeat.com's FREE daily email newsletter.
