Greenlane Renewables (TSE:GRN) Stock Price Up 2.1% – What’s Next?

Greenlane Renewables Inc. (TSE:GRN) shares rose 2.1% on Monday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 44,118 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 193,773 shares. The stock had previously closed at C$0.24.

Greenlane Renewables Trading Up 2.1%

The company has a market cap of C$37.92 million, a PE ratio of 24.00, a price-to-earnings-growth ratio of -555.67 and a beta of 4.25. The company has a current ratio of 1.46, a quick ratio of 2.05 and a debt-to-equity ratio of 9.77. The firm has a fifty day moving average of C$0.25 and a two-hundred day moving average of C$0.19.

Greenlane Renewables (TSE:GRN) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.00 EPS for the quarter. Greenlane Renewables had a negative net margin of 35.09% and a negative return on equity of 88.83%. The company had revenue of C$11.55 million during the quarter. As a group, sell-side analysts predict that Greenlane Renewables Inc. will post 0.000286 EPS for the current year.

About Greenlane Renewables

Greenlane Renewables Inc is a provider of biogas upgrading systems. Its systems produce clean, renewable natural gas from organic waste sources, including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel.