Drax Group (OTCMKTS:DRXGY) Shares Up 5.5% – Time to Buy?

Drax Group plc (OTCMKTS:DRXGYGet Free Report)’s stock price shot up 5.5% on Monday . The stock traded as high as $16.57 and last traded at $16.57. 302 shares were traded during trading, a decline of 59% from the average session volume of 735 shares. The stock had previously closed at $15.70.

Drax Group Stock Up 5.5 %

The company has a 50 day moving average price of $16.05 and a 200-day moving average price of $15.78.

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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