Drax Group plc (LON:DRX – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 610.19 ($7.63) and traded as high as GBX 634 ($7.92). Drax Group shares last traded at GBX 633 ($7.91), with a volume of 1,910,267 shares trading hands.
Drax Group Trading Up 0.6 %
The firm has a market capitalization of £2.41 billion, a P/E ratio of 381.33, a price-to-earnings-growth ratio of 0.10 and a beta of 1.22. The stock has a 50-day simple moving average of GBX 646.95 and a two-hundred day simple moving average of GBX 610.19. The company has a current ratio of 1.26, a quick ratio of 0.32 and a debt-to-equity ratio of 63.77.
About Drax Group
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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