Drax Group plc (LON:DRX – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 610.19 ($7.63) and traded as high as GBX 634 ($7.92). Drax Group shares last traded at GBX 633 ($7.91), with a volume of 1,910,267 shares traded.
Drax Group Stock Performance
The company has a debt-to-equity ratio of 63.77, a current ratio of 1.26 and a quick ratio of 0.32. The business has a 50-day simple moving average of GBX 646.95 and a 200-day simple moving average of GBX 610.19. The firm has a market capitalization of £2.41 billion, a PE ratio of 381.33, a P/E/G ratio of 0.10 and a beta of 1.22.
Drax Group Company Profile
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.
Featured Stories
- Five stocks we like better than Drax Group
- What Are Trending Stocks? Trending Stocks Explained
- Micron Stock Under $100: Seize the AI-Driven Upside
- 3 Stocks to Consider Buying in October
- AI’s Next Big Winners: 3 Small-Cap Stocks to Watch in 2025
- How to Calculate Stock Profit
- SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside
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.
