Greenlane Renewables (TSE:GRN) Trading 5.6% Higher – Still a Buy?

Greenlane Renewables Inc. (TSE:GRNGet Free Report)’s share price rose 5.6% during mid-day trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 38,767 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 84,131 shares. The stock had previously closed at C$0.09.

Greenlane Renewables Stock Performance

The company has a debt-to-equity ratio of 9.77, a quick ratio of 2.05 and a current ratio of 1.46. The business’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.09. The company has a market capitalization of C$16.45 million, a PE ratio of -0.76, a PEG ratio of -555.67 and a beta of 2.50.

About Greenlane Renewables

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Greenlane Renewables Inc provides biogas upgrading systems worldwide. Its systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from biomethane at landfills, wastewater treatment plants, and farms and for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel.

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