Good Energy Group (LON:GOOD) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Good Energy Group PLC (LON:GOOD) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 350.70 ($4.41) and traded as high as GBX 380 ($4.78). Good Energy Group shares last traded at GBX 363.80 ($4.58), with a volume of 19,194 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 500 ($6.29) price objective on shares of Good Energy Group in a report on Tuesday, September 17th.

Good Energy Group Stock Performance

The company has a current ratio of 1.48, a quick ratio of 1.05 and a debt-to-equity ratio of 12.57. The company has a market cap of £66.36 million, a PE ratio of -932.82 and a beta of 0.80. The firm’s 50-day simple moving average is GBX 350.70 and its two-hundred day simple moving average is GBX 292.94.

About Good Energy Group

Good Energy is a British renewable electricity company with a difference. For more than 20 years, our mission has been to power a cleaner, greener world. Today, that is what we are – an energy company for the future with a bold ambition to help one million homes and businesses to cut carbon from their energy and transport by 2025.

We offer truly renewable energy supply sourced from over 1,700 renewable generators.