Drax Group plc (LON:DRX – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 610.19 ($7.67) and traded as high as GBX 634 ($7.97). Drax Group shares last traded at GBX 633 ($7.96), with a volume of 1,910,267 shares traded.
Drax Group Stock Performance
The company has a quick ratio of 0.32, a current ratio of 1.26 and a debt-to-equity ratio of 63.77. The firm has a market capitalization of £2.40 billion, a PE ratio of 379.52, a P/E/G ratio of 0.10 and a beta of 1.22. The firm’s 50-day moving average price is GBX 646.77 and its two-hundred day moving average price is GBX 611.87.
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.
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