Green Impact Partners (CVE:GIP) Hits New 52-Week High – Should You Buy?

Green Impact Partners Inc. (CVE:GIP) shares reached a new 52-week high on Friday . The company traded as high as C$5.22 and last traded at C$5.08, with a volume of 5292 shares changing hands. The stock had previously closed at C$4.90.

Analyst Ratings Changes

Separately, Desjardins set a C$9.00 price objective on shares of Green Impact Partners and gave the stock a “buy” rating in a research report on Thursday, January 30th.

Green Impact Partners Trading Up 4.1 %

The business’s fifty day moving average is C$4.49 and its 200-day moving average is C$3.84. The company has a debt-to-equity ratio of 33.29, a quick ratio of 0.68 and a current ratio of 0.64. The firm has a market cap of C$100.00 million, a P/E ratio of -8.94 and a beta of 0.52.

About Green Impact Partners

Green Impact Partners Inc provides water, waste, and solids treatment and recycling services in North America. The company operates in two segments, Water & Solids Recycling & Energy Product Optimization; and Clean Energy Production. It operates a portfolio of water and solids treatment and recycling facilities.