Good Energy Group (LON:GOOD) Stock Rating Reaffirmed by Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Good Energy Group (LON:GOOD) in a research report report published on Tuesday, Marketbeat reports. The brokerage currently has a GBX 500 ($6.61) price objective on the stock.

Good Energy Group Price Performance

The company has a debt-to-equity ratio of 14.80, a quick ratio of 1.05 and a current ratio of 1.47. The company has a market cap of £45.78 million, a P/E ratio of 1,476.47 and a beta of 0.80. Good Energy Group has a 1 year low of GBX 160 ($2.11) and a 1 year high of GBX 426 ($5.63). The company’s 50-day simple moving average is GBX 263.85 and its two-hundred day simple moving average is GBX 261.66.

Good Energy Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 26th will be paid a GBX 1.10 ($0.01) dividend. This represents a dividend yield of 0.44%. The ex-dividend date is Thursday, September 26th. Good Energy Group’s dividend payout ratio (DPR) is currently 1,764.71%.

Good Energy Group Company Profile

Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine and solar panels. It also sells gas; and provides services related to micro-renewable generation, as well as offers EV market data services.