Greenlane Renewables Inc. (GRN.V) (GRN) Stock Price, News & Analysis

Company Overview

Greenlane Renewables Inc. provides biogas upgrading systems worldwide. The company's systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from anaerobic decomposition of organic waste at landfills, wastewater treatment plants, and farms and food waste facilities for injection into the natural gas grid or for direct use as vehicle fuel. It offers water wash, pressure swing adsorption, and membrane separation technologies. The company markets and sells its upgrading systems under the Greenlane Biogas brand. The company was formerly known as Creation Capital Corp. and changed its name to Greenlane Renewables Inc. in June 2019. Greenlane Renewables Inc. was incorporated in 2018 and is headquartered in Burnaby, Canada.

Key Stats

• Today's Range: C$2.49 to C$2.80
• 50-Day Range: C$2.78 to C$2.78
• 52-Week Range: C$0.19 to C$2.90
• Volume: 3.04 million shs
• Average Volume: 1.68 million shs
• Market Capitalization: C$368.17 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.05
• Consensus Rating: Sell

Greenlane Renewables Inc. (GRN.V) Stock Analysis - MarketRank™

Greenlane Renewables Inc. (GRN.V) scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

Greenlane Renewables Inc. (GRN.V) has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Greenlane Renewables Inc. (GRN.V) has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Greenlane Renewables Inc. (GRN.V) is -102.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greenlane Renewables Inc. (GRN.V) is -102.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Greenlane Renewables Inc. (GRN.V), their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Greenlane Renewables Inc. (GRN.V) has a P/B Ratio of 14.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GRN.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Greenlane Renewables Inc. (GRN.V) does not currently pay a dividend.

Dividend Growth

Greenlane Renewables Inc. (GRN.V) does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GRN.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Greenlane Renewables Inc. (GRN.V) has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Industrials companies.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Greenlane Renewables Inc. (GRN.V) insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$111,779.00 in company stock.

GRN Stock Analysis - Frequently Asked Questions

How have GRN shares performed this year?

Greenlane Renewables Inc. (GRN.V)'s stock was trading at C$2.78 at the start of the year. Since then, GRN stock has increased by 0.0% and is now trading at C$2.78.
View the best growth stocks for 2024 here.

How do I buy shares of Greenlane Renewables Inc. (GRN.V)?

Shares of GRN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Greenlane Renewables Inc. (GRN.V) own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Greenlane Renewables Inc. (GRN.V) investors own include Abbott Laboratories (ABT), Xebec Adsorption Inc. (XBC.V) (XBC.V), NIO (NIO), Enbridge (ENB), good natured Products (GDNP), Block (SQ) and TJX Companies (TJX).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Industrials
• Industry: Pollution & Treatment Controls
• Sub-Industry: Banking
• Current Symbol: CVE:GRN
• CUSIP: N/A
• CIK: N/A
• Web: www.greenlanerenewables.com
• Phone: 604 259 0343
• Fax: N/A
• Employees: 49
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$0.05
• High Stock Price Target: C$0.05
• Low Stock Price Target: C$0.05
• Potential Upside/Downside: -98.2%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 139.00
• P/E Growth: -7666.67
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 35.74
• Current Ratio: 0.98
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: C$16.93 million
• Price / Sales: 21.75
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 40.86
• Book Value: C$0.19 per share
• Price / Book: 14.79

Miscellaneous

• Outstanding Shares: 132,434,000
• Free Float: N/A
• Market Cap: C$368.17 million
• Optionable: Not Optionable
• Beta: N/A