Greenlane Renewables Inc. (GRN.V) (CVE:GRN – Get Rating) had its price target decreased by equities researchers at TD Securities from C$0.60 to C$0.45 in a report issued on Friday, BayStreet.CA reports. The brokerage presently has a "hold" rating on the stock. TD Securities' price objective indicates a potential downside of 83.81% from the company's previous close.
Several other equities research analysts also recently weighed in on GRN. Raymond James reduced their price objective on shares of Greenlane Renewables Inc. (GRN.V) from C$1.75 to C$1.25 and set a "market perform" rating for the company in a report on Friday. Alliance Global Partners downgraded shares of Greenlane Renewables Inc. (GRN.V) from a "buy" rating to a "neutral" rating in a report on Wednesday, February 22nd.
Get Greenlane Renewables Inc. (GRN.V) alerts:Greenlane Renewables Inc. (GRN.V) Stock Performance
Shares of GRN opened at C$2.78 on Friday. Greenlane Renewables Inc. has a 1 year low of C$0.19 and a 1 year high of C$2.90. The company has a market cap of C$368.17 million and a price-to-earnings ratio of -102.96. The company has a debt-to-equity ratio of 35.74, a quick ratio of 0.77 and a current ratio of 0.98. The firm has a fifty day moving average of C$2.78 and a 200-day moving average of C$2.78.
Greenlane Renewables Inc. (GRN.V) Company Profile
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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.
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