Greenlane Renewables Inc. (TSE:GRN – Get Rating) – Investment analysts at Cormark boosted their FY2023 EPS estimates for Greenlane Renewables in a report issued on Tuesday, April 18th. Cormark analyst N. Boychuk now anticipates that the company will earn $0.02 per share for the year, up from their previous estimate of $0.01. The consensus estimate for Greenlane Renewables' current full-year earnings is $0.00 per share.
Get Greenlane Renewables alerts:Separately, Pi Financial cut Greenlane Renewables from a "buy" rating to a "neutral" rating in a research note on Friday, March 10th.
Greenlane Renewables Stock Down 2.9 %
GRN opened at C$0.34 on Thursday. The stock has a market cap of C$52.02 million, a PE ratio of -6.80, a P/E/G ratio of -555.67 and a beta of 2.15. The company has a quick ratio of 2.05, a current ratio of 2.06 and a debt-to-equity ratio of 2.31. Greenlane Renewables has a 52 week low of C$0.28 and a 52 week high of C$1.05. The business's fifty day simple moving average is C$0.37 and its 200 day simple moving average is C$0.47.
About Greenlane Renewables
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Greenlane Renewables Inc designs, develops, sells, and services a range of 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 for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel.
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