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Green Impact Partners (CVE:GIP) Trading 6% Higher - Still a Buy?

Green Impact Partners logo with Utilities background

Green Impact Partners Inc. (CVE:GIP - Get Free Report) shares shot up 6% during mid-day trading on Tuesday . The stock traded as high as C$3.35 and last traded at C$3.35. 2,100 shares traded hands during trading, a decline of 82% from the average session volume of 11,900 shares. The stock had previously closed at C$3.16.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped their price objective on shares of Green Impact Partners from C$9.50 to C$9.00 and set a "speculative buy" rating for the company in a research report on Tuesday, August 27th.

Read Our Latest Stock Report on Green Impact Partners

Green Impact Partners Stock Performance

The stock has a market cap of C$69.58 million, a P/E ratio of -3.90 and a beta of 0.52. The firm's 50 day simple moving average is C$3.47 and its two-hundred day simple moving average is C$3.40. The company has a quick ratio of 0.68, a current ratio of 1.05 and a debt-to-equity ratio of 30.12.

About Green Impact Partners

(Get Free Report)

Green Impact Partners Inc provides water, waste, and solids treatment and recycling services in North America. The company operates in two segments, Water & Solids Recycling & Energy Product Optimization; and Clean Energy Production. It operates a portfolio of water and solids treatment and recycling facilities.

See Also

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