Drax Group (OTCMKTS:DRXGY) Shares Up 10% – What’s Next?

Drax Group plc (OTCMKTS:DRXGYGet Free Report) rose 10% during trading on Monday . The stock traded as high as $17.71 and last traded at $17.71. Approximately 1,025 shares were traded during trading, an increase of 26% from the average daily volume of 811 shares. The stock had previously closed at $16.10.

Drax Group Price Performance

The firm’s 50 day moving average price is $16.26 and its two-hundred day moving average price is $15.99.

Drax Group Company Profile

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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.

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