Good Energy Group (LON:GOOD) Earns “Buy” Rating from Canaccord Genuity

Canaccord Genuity reiterated their buy rating on shares of Good Energy Group (LON:GOOD) in a report released on Monday, Analyst Ratings Network reports. Canaccord Genuity currently has a GBX 450 ($5.88) target price on the stock.

Shares of LON GOOD opened at GBX 328 ($4.29) on Monday. Good Energy Group has a fifty-two week low of GBX 155 ($2.03) and a fifty-two week high of GBX 398 ($5.20). The business has a 50 day moving average price of GBX 332.09 and a two-hundred day moving average price of GBX 294.71. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 134.91. The firm has a market cap of £54.59 million and a PE ratio of 12.42.

The firm also recently disclosed a dividend, which will be paid on Monday, November 29th. Shareholders of record on Thursday, October 21st will be paid a dividend of GBX 0.75 ($0.01) per share. The ex-dividend date is Thursday, October 21st. This represents a yield of 0.22%.

In other Good Energy Group news, insider Nigel Pocklington acquired 7,500 shares of the stock in a transaction on Tuesday, October 12th. The stock was purchased at an average price of GBX 352 ($4.60) per share, for a total transaction of £26,400 ($34,491.77).

Good Energy Group Company Profile

Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine machinery and solar panels. It also sells gas; and provides services related to micro-renewable generation, as well as offers EV market data services.

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