Greenlane Renewables (TSE:GRN) Trading 10.5% Higher – Here’s What Happened

Shares of Greenlane Renewables Inc. (TSE:GRNGet Free Report) shot up 10.5% during mid-day trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. 91,670 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 102,246 shares. The stock had previously closed at C$0.10.

Greenlane Renewables Trading Up 10.5 %

The firm has a 50-day moving average of C$0.10 and a 200 day moving average of C$0.09. The company has a current ratio of 1.48, a quick ratio of 2.05 and a debt-to-equity ratio of 9.17. The stock has a market capitalization of C$16.19 million, a price-to-earnings ratio of -0.66, a PEG ratio of -555.67 and a beta of 2.50.

About Greenlane Renewables

(Get Free Report)

Greenlane Renewables Inc provides biogas upgrading systems worldwide. Its systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from biomethane at landfills, wastewater treatment plants, and farms and for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel.

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