Insider Selling: Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Director Sells 134,258 Shares of Stock

Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Director Wade Donald Nesmith sold 134,258 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$0.11, for a total value of C$14,097.09.

Greenlane Renewables Inc. (GRN.V) Trading Up 16.3 %

Shares of CVE GRN traded up C$0.39 during mid-day trading on Thursday, reaching C$2.78. The company had a trading volume of 3,044,708 shares, compared to its average volume of 1,677,592. Greenlane Renewables Inc. has a 52 week low of C$0.19 and a 52 week high of C$2.90. The business’s 50-day moving average is C$2.78 and its 200-day moving average is C$2.78. The stock has a market cap of C$368.17 million and a price-to-earnings ratio of -102.96. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of 35.74.

Greenlane Renewables Inc. (GRN.V) Company Profile

Greenlane Renewables Inc provides 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 food waste facilities for injection into the natural gas grid or for direct use as vehicle fuel.