Good Energy Group PLC (LON:GOOD - Get Free Report) shares rose 18.1% during trading on Monday . The company traded as high as GBX 380 ($4.93) and last traded at GBX 346 ($4.49). Approximately 148,555 shares traded hands during mid-day trading, an increase of 247% from the average daily volume of 42,788 shares. The stock had previously closed at GBX 293 ($3.80).
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 500 ($6.48) price objective on shares of Good Energy Group in a research note on Tuesday, September 17th.
Get Our Latest Stock Report on Good Energy Group
Good Energy Group Price Performance
The firm has a fifty day simple moving average of GBX 261.49 and a 200 day simple moving average of GBX 261.37. The company has a market capitalization of £64.39 million, a PE ratio of -905.13 and a beta of 0.80. The company has a debt-to-equity ratio of 12.57, a quick ratio of 1.05 and a current ratio of 1.48.
Good Energy Group Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 26th were given a GBX 1.10 ($0.01) dividend. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 0.44%. Good Energy Group's payout ratio is -769.23%.
About Good Energy Group
(
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Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine and solar panels. It also sells gas; and provides services related to micro-renewable generation, as well as offers EV market data services.
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