Greenlane Renewables Inc. (TSE:GRN – Get Rating) – Equities researchers at Raymond James issued their FY2024 earnings estimates for Greenlane Renewables in a report released on Wednesday, April 26th. Raymond James analyst D. Quezada expects that the company will post earnings per share of ($0.04) for the year. 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 5.0 %
Shares of GRN stock opened at C$0.38 on Friday. Greenlane Renewables has a fifty-two week low of C$0.28 and a fifty-two week high of C$0.99. The firm has a market capitalization of C$58.14 million, a PE ratio of -7.60, a P/E/G ratio of -555.67 and a beta of 2.15. The company has a debt-to-equity ratio of 2.31, a quick ratio of 2.05 and a current ratio of 2.06. The stock's 50-day simple moving average is C$0.36 and its 200-day simple moving average is C$0.46.
Greenlane Renewables (TSE:GRN – Get Rating) last released its earnings results on Thursday, March 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.01). Greenlane Renewables had a negative return on equity of 10.01% and a negative net margin of 7.73%. The firm had revenue of C$16.97 million for the quarter, compared to the consensus estimate of C$20.54 million.
Greenlane Renewables Company Profile
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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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