Drax Group plc (LON:DRX - Get Free Report) shares passed 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 Stock Down 0.5 %
The company has a quick ratio of 0.32, a current ratio of 1.26 and a debt-to-equity ratio of 63.77. The stock has a 50-day simple moving average of GBX 646.90 and a two-hundred day simple moving average of GBX 611.08. The firm has a market cap of £2.40 billion, a PE ratio of 379.52, a P/E/G ratio of 0.10 and a beta of 1.22.
About Drax Group
(
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.
Featured Stories
Before you consider Drax Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Drax Group wasn't on the list.
While Drax Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
