Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Trading 16.3% Higher – Should You Buy?

Greenlane Renewables Inc. (GRN.V) (CVE:GRN) shares traded up 16.3% during trading on Friday . The stock traded as high as C$2.80 and last traded at C$2.78. 3,044,708 shares traded hands during mid-day trading, an increase of 81% from the average session volume of 1,677,592 shares. The stock had previously closed at C$2.39.

Greenlane Renewables Inc. (GRN.V) Trading Up 16.3%

The stock has a market capitalization of C$368.17 million and a P/E ratio of -102.96. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of 35.74. The company has a 50-day moving average price of C$2.78 and a 200 day moving average price of C$2.78.

Greenlane Renewables Inc. (GRN.V) Company Profile

Greenlane Renewables Inc provides biogas upgrading systems worldwide. The company's systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from anaerobic decomposition of organic waste at landfills, wastewater treatment plants, and farms and food waste facilities for injection into the natural gas grid or for direct use as vehicle fuel.