Drax Group plc (OTCMKTS:DRXGY – Get Free Report) shares were down 5.4% on Tuesday . The company traded as low as $14.85 and last traded at $14.85. Approximately 291 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 726 shares. The stock had previously closed at $15.70.
Drax Group Price Performance
The stock’s 50-day simple moving average is $15.65 and its two-hundred day simple moving average is $16.11.
Drax Group Company Profile
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.
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