Good Energy Group (LON:GOOD) Trading 21.4% Higher – Still a Buy?

Good Energy Group PLC (LON:GOOD) was up 21.4% during trading on Tuesday . The stock traded as high as GBX 479.50 ($5.97) and last traded at GBX 478.82 ($5.96). Approximately 892,169 shares traded hands during trading, an increase of 1,236% from the average daily volume of 66,764 shares. The stock had previously closed at GBX 394.45 ($4.91).

Good Energy Group Price Performance

The business has a 50-day moving average price of GBX 371.71 and a two-hundred day moving average price of GBX 311.36. The company has a quick ratio of 1.05, a current ratio of 1.48 and a debt-to-equity ratio of 12.57. The company has a market capitalization of £87.46 million, a price-to-earnings ratio of -1,229.49 and a beta of 0.80.

About Good Energy Group

Good Energy is a British renewable electricity company with a difference. For more than 20 years, our mission has been to power a cleaner, greener world. Today, that is what we are – an energy company for the future with a bold ambition to help one million homes and businesses to cut carbon from their energy and transport by 2025.

We offer truly renewable energy supply sourced from over 1,700 renewable generators.