Ian Jack Kane Sells 166,666 Shares of Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Stock

Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Director Ian Jack Kane sold 166,666 shares of Greenlane Renewables Inc. (GRN.V) stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$0.10, for a total value of C$16,666.60.

Greenlane Renewables Inc. (GRN.V) Trading Up 16.3 %

Shares of GRN traded up C$0.39 during mid-day trading on Friday, hitting C$2.78. The company had a trading volume of 3,044,708 shares, compared to its average volume of 1,677,592. The stock has a market cap of C$368.17 million and a PE ratio of -102.96. The business’s 50-day simple moving average is C$2.78 and its 200-day simple moving average is C$2.78. Greenlane Renewables Inc. has a 1-year low of C$0.19 and a 1-year high of C$2.90. The company has a quick ratio of 0.77, a current ratio of 0.98 and a debt-to-equity ratio of 35.74.

Analyst Ratings Changes

Separately, TD Securities cut Greenlane Renewables Inc. (GRN.V) from a “hold” rating to a “sell” rating and dropped their price target for the company from C$0.10 to C$0.05 in a research report on Thursday, August 8th.

About Greenlane Renewables Inc. (GRN.V)

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