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Good Energy Group (LON:GOOD) Stock Price Passes Above 50 Day Moving Average - Here's Why

Good Energy Group logo with Utilities background

Good Energy Group PLC (LON:GOOD - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 359.76 ($4.49) and traded as high as GBX 375 ($4.68). Good Energy Group shares last traded at GBX 368.50 ($4.60), with a volume of 10,105 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 500 ($6.24) target price on shares of Good Energy Group in a report on Tuesday, September 17th.

View Our Latest Stock Report on Good Energy Group

Good Energy Group Stock Performance

The company has a market cap of £67.12 million, a P/E ratio of -943.59 and a beta of 0.80. The company has a debt-to-equity ratio of 12.57, a current ratio of 1.48 and a quick ratio of 1.05. The business has a 50-day moving average of GBX 361.36 and a two-hundred day moving average of GBX 297.79.

About Good Energy Group

(Get Free Report)

Good Energy is a British renewable electricity company with a difference. For more than 20 years, our mission has been to power a cleaner, greener world. Today, that is what we are – an energy company for the future with a bold ambition to help one million homes and businesses to cut carbon from their energy and transport by 2025. We offer truly renewable energy supply sourced from over 1,700 renewable generators.

Further Reading

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