Drax Group (OTCMKTS:DRXGF) Trading Down 3.9% – Here’s What Happened

Drax Group plc (OTCMKTS:DRXGFGet Free Report)’s share price was down 3.9% during trading on Wednesday . The stock traded as low as $8.55 and last traded at $8.55. Approximately 100 shares were traded during trading, a decline of 82% from the average daily volume of 553 shares. The stock had previously closed at $8.90.

Drax Group Price Performance

The business’s 50-day moving average is $8.59 and its two-hundred day moving average is $7.58.

Drax Group Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Drax Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drax Group and related companies with MarketBeat.com's FREE daily email newsletter.