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

ContourGlobal plc (LON:GLOGet Free Report) traded up 0.2% during trading on Thursday . The company traded as high as GBX 251.50 ($3.21) and last traded at GBX 251 ($3.20). 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 ($3.19).

ContourGlobal Stock Performance

The firm has a 50-day moving average of GBX 251 and a 200 day moving average of GBX 251. The stock has a market capitalization of £1.65 billion and a P/E ratio of 1,091.30. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 645.93.

About ContourGlobal

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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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