Green Impact Partners (CVE:GIP) Trading Down 1.3% - Should You Sell?

Green Impact Partners Inc. (CVE:GIP - Get Free Report)'s share price fell 1.3% during mid-day trading on Thursday . The stock traded as low as C$3.85 and last traded at C$3.90. 13,500 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 18,383 shares. The stock had previously closed at C$3.95.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Canaccord Genuity Group cut shares of Green Impact Partners from a "speculative buy" rating to a "hold" rating and lowered their price target for the stock from C$6.00 to C$3.00 in a research report on Tuesday, May 6th. Royal Bank Of Canada reduced their price objective on shares of Green Impact Partners from C$8.00 to C$6.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd.

Green Impact Partners Stock Down 1.3%

The firm has a market capitalization of C$76.47 million, a PE ratio of -6.84 and a beta of 0.52. The company has a debt-to-equity ratio of 33.29, a quick ratio of 0.68 and a current ratio of 0.64. The firm's 50-day moving average is C$3.77 and its 200 day moving average is C$4.28.

About Green Impact Partners

Green Impact Partners Inc provides water, waste, and solids treatment and recycling services in North America. The company operates in two segments, Water & Solids Recycling & Energy Product Optimization; and Clean Energy Production. It operates a portfolio of water and solids treatment and recycling facilities.

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