Greenlane Renewables (TSE:GRN) Stock Price Up 5.6% – Time to Buy?

Greenlane Renewables Inc. (TSE:GRNGet Free Report) shares shot up 5.6% on Friday . The company traded as high as C$0.10 and last traded at C$0.10. 38,767 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 84,131 shares. The stock had previously closed at C$0.09.

Greenlane Renewables Price Performance

The stock has a market capitalization of C$15.67 million, a PE ratio of -0.73, a P/E/G ratio of -555.67 and a beta of 2.50. The company has a quick ratio of 2.05, a current ratio of 1.46 and a debt-to-equity ratio of 9.77. The stock’s 50-day moving average is C$0.09 and its 200 day moving average is C$0.09.

Greenlane Renewables Company Profile

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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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