ContourGlobal (LON:GLO) Trading Up 0.2% – Still a Buy?

ContourGlobal plc (LON:GLOGet Free Report) shares were up 0.2% during mid-day trading on Tuesday . The stock traded as high as GBX 251.50 ($3.24) and last traded at GBX 251 ($3.23). Approximately 2,026,764 shares changed hands during mid-day trading, an increase of 184% from the average daily volume of 714,675 shares. The stock had previously closed at GBX 250.50 ($3.22).

ContourGlobal Price Performance

The company’s 50 day moving average price is GBX 251 and its 200-day moving average price is GBX 251. The company has a market cap of £1.65 billion and a price-to-earnings ratio of 1,091.30. The company has a debt-to-equity ratio of 645.93, a quick ratio of 0.81 and a current ratio of 1.29.

About ContourGlobal

(Get Free Report)

ContourGlobal plc acquires, develops, and operates wholesale power generation businesses. The company generates 1,808 MW of renewable electricity from hydro, solar, wind, and biogas; and 2,509 MW of thermal electricity from gas, coal, and oil. It operates a portfolio of 138 thermal and renewable power plants.

Further Reading

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