Greenlane Renewables (TSE:GRN) Shares Down 9.1% – Should You Sell?

Greenlane Renewables Inc. (TSE:GRNGet Free Report) shares traded down 9.1% on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 159,149 shares traded hands during trading, an increase of 16% from the average session volume of 137,630 shares. The stock had previously closed at C$0.11.

Greenlane Renewables Price Performance

The stock has a market capitalization of C$15.42 million, a P/E ratio of -0.63, a price-to-earnings-growth ratio of -555.67 and a beta of 2.50. The company has a debt-to-equity ratio of 9.17, a current ratio of 1.48 and a quick ratio of 2.05. The company’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08.

About Greenlane Renewables

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

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