Greenlane Renewables (TSE:GRN) Stock Price Down 9.1% – Should You Sell?

Greenlane Renewables Inc. (TSE:GRNGet Free Report) shares were down 9.1% during trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 159,149 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 137,630 shares. The stock had previously closed at C$0.11.

Greenlane Renewables Price Performance

The company has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.08. The firm has a market cap of C$14.65 million, a P/E ratio of -0.69, a PEG ratio of -555.67 and a beta of 2.50. The company has a quick ratio of 2.05, a current ratio of 1.48 and a debt-to-equity ratio of 9.17.

About Greenlane Renewables

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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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