Green Impact Partners (CVE:GIP) Trading Up 7.4% - Time to Buy?

Green Impact Partners Inc. (CVE:GIP - Get Free Report) was up 7.4% during trading on Monday . The stock traded as high as C$3.79 and last traded at C$3.79. Approximately 12,401 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 12,278 shares. The stock had previously closed at C$3.53.

Analyst Upgrades and Downgrades

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

Green Impact Partners Stock Performance

The company has a current ratio of 1.05, a quick ratio of 0.68 and a debt-to-equity ratio of 30.12. The stock has a market capitalization of C$81.00 million, a price-to-earnings ratio of -4.41 and a beta of 0.52. The stock's 50 day moving average is C$3.49 and its 200 day moving average is C$3.31.

Green Impact Partners (CVE:GIP - Get Free Report) last posted its quarterly earnings data on Monday, August 26th. The company reported C($0.21) earnings per share (EPS) for the quarter. Green Impact Partners had a negative return on equity of 15.58% and a negative net margin of 11.27%. The business had revenue of C$41.14 million for the quarter. On average, analysts predict that Green Impact Partners Inc. will post -0.06 earnings per share for the current year.

About Green Impact Partners

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.