Green Impact Partners (CVE:GIP) Shares Up 6% – Should You Buy?

Green Impact Partners Inc. (CVE:GIP)’s stock price traded up 6% during trading on Tuesday . The company traded as high as C$3.35 and last traded at C$3.35. 2,100 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 11,900 shares. The stock had previously closed at C$3.16.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their price objective on Green Impact Partners from C$9.50 to C$9.00 and set a “speculative buy” rating on the stock in a research note on Tuesday, August 27th.

Green Impact Partners Trading Up 6.0 %

The company has a market capitalization of C$69.58 million, a PE ratio of -3.90 and a beta of 0.52. The company has a debt-to-equity ratio of 30.12, a current ratio of 1.05 and a quick ratio of 0.68. The company’s fifty day moving average is C$3.47 and its 200-day moving average is C$3.39.

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.