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 mid-day trading on Monday . The company traded as high as C$2.80 and last traded at C$2.78. 3,044,708 shares were traded 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) Price Performance

The stock has a fifty day moving average price of C$2.78 and a 200-day moving average price of C$2.78. The company has a market cap of C$368.17 million and a PE ratio of -102.96. The company has a debt-to-equity ratio of 35.74, a current ratio of 0.98 and a quick ratio of 0.77.

About Greenlane Renewables Inc. (GRN.V)

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.