Drax Group plc (LON:DRX - Get Free Report) insider Will Gardiner sold 150,000 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of GBX 660 ($8.96), for a total transaction of £990,000 ($1,344,378.06).
Will Gardiner also recently made the following trade(s):
- On Wednesday, March 19th, Will Gardiner sold 114,917 shares of Drax Group stock. The stock was sold at an average price of GBX 574 ($7.79), for a total transaction of £659,623.58 ($895,740.87).
Drax Group Stock Performance
Shares of DRX traded down GBX 4.60 ($0.06) during midday trading on Thursday, hitting GBX 657.90 ($8.93). 822,680 shares of the stock traded hands, compared to its average volume of 2,431,913. Drax Group plc has a 1-year low of GBX 481.40 ($6.54) and a 1-year high of GBX 692 ($9.40). The firm has a market capitalization of £2.41 billion, a PE ratio of 3.90, a price-to-earnings-growth ratio of 0.10 and a beta of 1.22. The company has a debt-to-equity ratio of 64.11, a quick ratio of 0.32 and a current ratio of 1.26. The business's 50 day moving average price is GBX 602.33 and its two-hundred day moving average price is GBX 617.20.
Analysts Set New Price Targets
A number of research analysts have weighed in on DRX shares. Citigroup reaffirmed a "sell" rating and set a GBX 529 ($7.18) price target on shares of Drax Group in a research report on Tuesday, February 11th. JPMorgan Chase & Co. boosted their target price on shares of Drax Group from GBX 850 ($11.54) to GBX 900 ($12.22) and gave the company an "overweight" rating in a research note on Tuesday, February 11th.
Check Out Our Latest Research Report on DRX
Drax Group Company Profile
(
Get Free Report)
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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