Drax Group plc (LON:DRX - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 617.48 ($8.41) and traded as high as GBX 667.66 ($9.09). Drax Group shares last traded at GBX 664.26 ($9.04), with a volume of 883,083 shares traded.
Drax Group Stock Up 0.6%
The stock has a market capitalization of £2.44 billion, a P/E ratio of 3.95, a P/E/G ratio of 0.10 and a beta of 1.22. The company has a current ratio of 1.26, a quick ratio of 0.32 and a debt-to-equity ratio of 64.11. The firm's fifty day moving average is GBX 609.92 and its 200-day moving average is GBX 617.48.
Insider Transactions at Drax Group
In other Drax Group news, insider Will Gardiner sold 150,000 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of GBX 660 ($8.99), for a total value of £990,000 ($1,347,855.68). Company insiders own 0.67% of the company's stock.
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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