ContourGlobal plc (LON:GLO – Get Free Report) shares shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as GBX 251.50 ($3.31) and last traded at GBX 251 ($3.30). 2,026,764 shares were traded during mid-day trading, an increase of 184% from the average session volume of 714,675 shares. The stock had previously closed at GBX 250.50 ($3.29).
ContourGlobal Price Performance
The firm has a market capitalization 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 current ratio of 1.29 and a quick ratio of 0.81. The company’s 50-day moving average is GBX 251 and its 200-day moving average is GBX 251.
ContourGlobal Company Profile
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.
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