Key Points
- Director David Demers sold 63,037 Greenlane Renewables shares at an average price of C$0.20, generating C$12,607.40. His holdings fell 1.80% to 3,431,267 shares.
- Greenlane Renewables shares opened at C$0.19, down 2.6%, with a market capitalization of approximately C$30.36 million. The stock has traded between C$0.17 and C$0.32 over the past year.
- The company reported quarterly revenue of C$11.31 million and a loss of C$0.01 per share, alongside a negative net margin of 10.01% and negative return on equity of 18.95%.
Greenlane Renewables Inc. (TSE:GRN - Get Free Report) Director David Demers sold 63,037 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of C$0.20, for a total value of C$12,607.40. Following the transaction, the director owned 3,431,267 shares of the company's stock, valued at C$686,253.40. This trade represents a 1.80% decrease in their position.
Greenlane Renewables Stock Down 2.6%
GRN opened at C$0.19 on Friday. The firm's 50-day simple moving average is C$0.22 and its 200-day simple moving average is C$0.23. The company has a debt-to-equity ratio of 11.71, a quick ratio of 2.05 and a current ratio of 1.54. Greenlane Renewables Inc. has a twelve month low of C$0.17 and a twelve month high of C$0.32. The firm has a market cap of C$30.36 million, a price-to-earnings ratio of -6.33, a PEG ratio of -555.67 and a beta of 3.63.
Greenlane Renewables (TSE:GRN - Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported C($0.01) earnings per share (EPS) for the quarter. Greenlane Renewables had a negative net margin of 10.01% and a negative return on equity of 18.95%. The firm had revenue of C$11.31 million for the quarter. Equities research analysts anticipate that Greenlane Renewables Inc. will post 0.000286 EPS for the current fiscal year.
Greenlane Renewables Company Profile
(
Get Free Report)
Greenlane is driving change: accelerating the energy transition. We are cleaning up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and commercial transportation. As a pioneer and leading global specialist in biogas desulfurization and upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years with more than 355 systems supplied into 28 countries. We transform biogas generated from organic waste into high-value grid-ready renewable natural gas ('RNG') from a wide range of sources such as landfills, sugar mills, dairy farms, wastewater, and food waste.
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