ContourGlobal (LON:GLO) Trading Up 0.2% – Here’s Why

ContourGlobal plc (LON:GLOGet Free Report)’s share price was up 0.2% 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 traded 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 Stock Performance

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 business’s 50 day moving average price is GBX 251 and its 200-day moving average price is GBX 251. The firm has a market capitalization of £1.65 billion and a price-to-earnings ratio of 1,091.30.

ContourGlobal Company Profile

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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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