Drax Group plc (LON:DRX - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 695 ($9.53) and last traded at GBX 694 ($9.52), with a volume of 577300 shares. The stock had previously closed at GBX 676.82 ($9.29).
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 64.11. The stock has a market capitalization of £2.55 billion, a PE ratio of 4.12, a PEG ratio of 0.10 and a beta of 1.22. The firm has a 50 day moving average price of GBX 636.91 and a 200-day moving average price of GBX 618.20.
Insiders Place Their Bets
In other news, insider Will Gardiner sold 150,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of GBX 660 ($9.05), for a total transaction of £990,000 ($1,358,211.00). 0.67% of the stock is currently owned by insiders.
Drax Group Company Profile
(
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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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