Should I buy or sell Drax Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DRXGF shares. View DRXGF analyst ratings or view top-rated stocks .

How have DRXGF shares performed in 2024?

Drax Group's stock was trading at $5.95 at the beginning of 2024. Since then, DRXGF stock has increased by 4.2% and is now trading at $6.20. View the best growth stocks for 2024 here .

Are investors shorting Drax Group?

Drax Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 10,400 shares, an increase of 511.8% from the February 29th total of 1,700 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 52.0 days. View Drax Group's Short Interest .

Is Drax Group a good dividend stock?

Drax Group (OTCMKTS:DRXGF) pays an annual dividend of $0.18 per share and currently has a dividend yield of 4.10%. DRXGF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.

How do I buy shares of Drax Group?

Shares of DRXGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:DRXGF

Drax Group (DRXGF) Stock Price, News & Analysis

→ This Little-Known Stock Controls the Future of AI (From Weiss Ratings) (Ad)

Free DRXGF Stock Alerts

$6.20

+0.17 (+2.82%)

(As of 04/17/2024 ET)

Compare

Today's Range: $6.20
▼
$6.20
50-Day Range: $5.23
▼
$6.37
52-Week Range: $4.88
▼
$8.22

Volume: 58 shs
Average Volume: 764 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 2.84%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Get Drax Group alerts:

Ad Weiss Ratings

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

#1 AI Stock for 2024 Revealed In "AI Town Hall" This AI company just signed a deal with NVIDIA that went unreported by the media. Find out how you can get in on what is being dubbed 'the #1 AI stock for 2024 to buy now'

If You Missed Out On The AI Boom, Take These 3 Steps

About Drax Group Stock (OTCMKTS:DRXGF)

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

DRXGF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DRXGF Stock News Headlines

April 18, 2024 | americanbankingnews.com

Drax Group (OTCMKTS:DRXGF) Trading 2.8% Higher

March 27, 2024 | uk.finance.yahoo.com

Europe’s gas use to surge despite net zero promises

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 11, 2024 | realmoney.thestreet.com

Drax price target raised by 90 GBp at JPMorgan

March 1, 2024 | uk.finance.yahoo.com

Why Britain is burning North American forests to keep the lights on

February 28, 2024 | marketwatch.com

Drax Group Secures Capacity Agreements

February 27, 2024 | msn.com

Dave Bautista Says ‘Drax Is Over' but ‘I'm Not Done' With Superhero Movies: I Want the ‘Opportunity' to Do a ‘Bigger' and ‘Deeper Role … an Ominous Villain'

January 16, 2024 | uk.finance.yahoo.com

Drax wins permission for carbon capture at Britain’s largest power plant

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

January 11, 2024 | msn.com

Drax canteen staff walk out in pay row

November 24, 2023 | finance.yahoo.com

Drax applauds the government of Canada’s commitment to biomass technologies as highlighted in the Fall Economic Statement

November 3, 2023 | finance.yahoo.com

Is Drax Group plc (LON:DRX) Potentially Undervalued?

August 11, 2023 | finance.yahoo.com

Growth Investors: Industry Analysts Just Upgraded Their Drax Group plc (LON:DRX) Revenue Forecasts By 4.2%

July 27, 2023 | marketwatch.com

Drax 1H Pretax Profit Rose; Backs Full-Year Views

July 1, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)

June 7, 2023 | finance.yahoo.com

Should You Be Adding Drax Group (LON:DRX) To Your Watchlist Today?

May 31, 2023 | reuters.com

BRIEF-Uk's Ofgem Says Investigating Drax Power Limited's Compliance With Reporting Requirements Relating To The Renewables Obligation

May 23, 2023 | finance.yahoo.com

PRESS DIGEST-British Business - May 24

April 26, 2023 | marketwatch.com

Drax Sees 2023 Earnings Meeting Market Views; To Start GBP150 Mln Share Buyback

April 26, 2023 | reuters.com

Britain's Drax announces $187 mln buyback, lowers annual capex outlook

March 30, 2023 | msn.com

Drax shares rise on govt talks over carbon capture project

March 30, 2023 | msn.com

Drax shares fall after its project misses out on UK carbon cash

March 30, 2023 | msn.com

Drax shares tumble after Britain rejects carbon-capture project

March 30, 2023 | finance.yahoo.com

UK Unveils Green Program With Little New Cash to Fight US Plans

March 30, 2023 | uk.finance.yahoo.com

Shapps rejects £2bn Drax carbon capture project - latest updates

February 25, 2023 | finance.yahoo.com

Drax Group Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

February 22, 2023 | marketwatch.com

Drax Group Provisionally Secures GBP37 Mln Energy Supply Agreement

See More Headlines

Receive DRXGF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Drax Group and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Utilities
Industry: Utilities - Renewable
Sub-Industry: N/A
Current Symbol: OTCMKTS:DRXGF
CUSIP: N/A
CIK: N/A
Web: www.drax.com
Phone: 441757618381
Fax: N/A
Employees: 3,551
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

7 Energy Stocks to Buy and Hold Forever

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

Mr. Dwight Daniel Willard Gardiner (Age 60)
Group CEO & Executive Director
Comp: $1.97M
Ms. Penny Small
Interim Chief Operating Officer
Mark Strafford
Head of Investor Relations
Mr. Jason Shipstone
Chief Innovation Officer
Mr. Paul Sheffield
Chief Commercial Officer
Mr. Tim Cole
Head of Customer Marketing
Mr. Miguel Veiga-Pestana
Chief Sustainability Officer
Ms. Laurie Fitzmaurice
President of Global BECCS
Mr. Brett Nicholas Gladden ACIS
Group Company Secretary

Key Competitors

View All Competitors

DRXGF Stock Analysis - Frequently Asked Questions

Should I buy or sell Drax Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DRXGF shares.
View DRXGF analyst ratings or view top-rated stocks.
How have DRXGF shares performed in 2024?: Drax Group's stock was trading at $5.95 at the beginning of 2024. Since then, DRXGF stock has increased by 4.2% and is now trading at $6.20.
View the best growth stocks for 2024 here.
Are investors shorting Drax Group?: Drax Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 10,400 shares, an increase of 511.8% from the February 29th total of 1,700 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 52.0 days.
View Drax Group's Short Interest.

Is Drax Group a good dividend stock?: Drax Group (OTCMKTS:DRXGF) pays an annual dividend of $0.18 per share and currently has a dividend yield of 4.10%. DRXGF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
How do I buy shares of Drax Group?: Shares of DRXGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:DRXGF) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Drax Group (DRXGF) Stock Price, News & Analysis

About Drax Group Stock (OTCMKTS:DRXGF)

DRXGF Stock Price History

DRXGF Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

DRXGF Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info