Free Trial
OTCMKTS:DRXGF

Drax Group (DRXGF) Stock Price, News & Analysis

Drax Group logo
$8.55 -0.35 (-3.93%)
(As of 11/13/2024 05:36 PM ET)

About Drax Group Stock (OTCMKTS:DRXGF)

Key Stats

Today's Range
$8.55
$8.55
50-Day Range
$8.20
$8.90
52-Week Range
$5.23
$8.92
Volume
100 shs
Average Volume
553 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
2.06%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

Drax Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
9th Percentile Overall Score

DRXGF MarketRank™: 

Drax Group scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Drax Group.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Drax Group is -28.92, 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 Drax Group is -28.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Drax Group has a short interest ratio ("days to cover") of 1424, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Drax Group has recently decreased by 0.18%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Drax Group is a leading dividend payer. It pays a dividend yield of 4.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Drax Group does not have a long track record of dividend growth.

  • Read more about Drax Group's dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Drax Group has a short interest ratio ("days to cover") of 1424, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Drax Group has recently decreased by 0.18%, indicating that investor sentiment is improving.
  • News Sentiment

    Drax Group has a news sentiment score of 0.38. 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 0.51 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Drax Group this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Drax Group insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    74.78% of the stock of Drax Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Drax Group's insider trading history.
Receive DRXGF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Drax Group and its competitors with MarketBeat's FREE daily newsletter.

DRXGF Stock News Headlines

Drax Group (OTCMKTS:DRXGF) Trading Down 3.9% - Time to Sell?
Drax Group Executes Share Buyback Program
Trump’s Back, but DC’s Coming for Your Money!
Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy with a heavy hand—building up infrastructure, slapping tariffs on imports, and going all-in on U.S. jobs. But here's the kicker: while Trump's focused on making America stronger, the Washington elite is ready to fight back…
Drax Sees Earnings Near Top End of Market Views
Drax Explores Options to Sell Biomass Power to UK Data Center
Drax Progresses $390 Mln Buyback
See More Headlines

DRXGF Stock Analysis - Frequently Asked Questions

Drax Group's stock was trading at $5.95 at the beginning of 2024. Since then, DRXGF stock has increased by 43.7% and is now trading at $8.55.
View the best growth stocks for 2024 here
.

Shares of DRXGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Renewable
Sub-Industry
N/A
Current Symbol
OTCMKTS:DRXGF
CIK
N/A
Fax
N/A
Employees
3,551
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

This page (OTCMKTS:DRXGF) was last updated on 11/14/2024 by MarketBeat.com Staff
From Our Partners