Shares of ContourGlobal plc (LON:GLO – Get Free Report) rose 0.2% during mid-day trading on Wednesday . The company traded as high as GBX 251.50 ($3.31) and last traded at GBX 251 ($3.30). Approximately 2,026,764 shares were traded during mid-day trading, an increase of 184% from the average daily volume of 714,675 shares. The stock had previously closed at GBX 250.50 ($3.29).
ContourGlobal Stock Performance
The company has a debt-to-equity ratio of 645.93, a quick ratio of 0.81 and a current ratio of 1.29. The stock’s fifty day moving average is GBX 251 and its two-hundred day moving average is GBX 251. The firm has a market cap of £1.65 billion and a price-to-earnings ratio of 1,091.30.
About ContourGlobal
ContourGlobal plc acquires, develops, and operates wholesale power generation businesses. The company generates 1,808 MW of renewable electricity from hydro, solar, wind, and biogas; and 2,509 MW of thermal electricity from gas, coal, and oil. It operates a portfolio of 138 thermal and renewable power plants.
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