Greenlane Renewables (TSE:GRN) Stock Price Down 9.1% – What’s Next?

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

Greenlane Renewables Stock Up 5.3 %

The firm’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.08. The company has a current ratio of 1.48, a quick ratio of 2.05 and a debt-to-equity ratio of 9.17. The company has a market capitalization of C$15.42 million, a price-to-earnings ratio of -0.63, a PEG ratio of -555.67 and a beta of 2.50.

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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