Several analysts have recently updated their ratings and price targets for Greenlane Renewables Inc. (GRN.V) (CVE: GRN):
- 3/13/2023 – Greenlane Renewables Inc. (GRN.V) had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$1.30 to C$1.15.
- 3/10/2023 – Greenlane Renewables Inc. (GRN.V) had its price target lowered by analysts at Raymond James from C$1.75 to C$1.25. They now have a "market perform" rating on the stock.
- 3/10/2023 – Greenlane Renewables Inc. (GRN.V) had its price target lowered by analysts at TD Securities from C$0.60 to C$0.45. They now have a "hold" rating on the stock.
- 2/22/2023 – Greenlane Renewables Inc. (GRN.V) was downgraded by analysts at Alliance Global Partners from a "buy" rating to a "neutral" rating.
- 2/10/2023 – Greenlane Renewables Inc. (GRN.V) was downgraded by analysts at Raymond James from a "strong-buy" rating to a "market perform" rating. They now have a C$1.75 price target on the stock.
Greenlane Renewables Inc. (GRN.V) Stock Up 16.3 %
Shares of GRN opened at C$2.78 on Wednesday. Greenlane Renewables Inc. has a 52 week low of C$0.19 and a 52 week high of C$2.90. The firm has a market cap of C$368.17 million and a P/E ratio of -102.96. The firm's 50-day simple moving average is C$2.78 and its 200 day simple moving average is C$2.78. The company has a debt-to-equity ratio of 35.74, a quick ratio of 0.77 and a current ratio of 0.98.
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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