Polaris Renewable Energy (OTCMKTS:RAMPF) Trading Up 1.3% – Should You Buy?

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF)’s stock price was up 1.3% during mid-day trading on Friday . The stock traded as high as $8.98 and last traded at $8.84. Approximately 3,226 shares traded hands during trading, an increase of 142% from the average daily volume of 1,332 shares. The stock had previously closed at $8.7232.

Polaris Renewable Energy Price Performance

The business has a 50 day simple moving average of $8.89 and a 200 day simple moving average of $9.11.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama. The company was formerly known as Polaris Infrastructure Inc and changed its name to Polaris Renewable Energy Inc in July 2022.