Good Energy Group (LON:GOOD) Rating Reiterated by Canaccord Genuity Group

Good Energy Group (LON:GOOD)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a report released on Tuesday, Digital Look reports. They currently have a GBX 500 ($6.61) price objective on the stock. Canaccord Genuity Group’s price target points to a potential upside of 102.84% from the company’s current price.

Good Energy Group Price Performance

Shares of LON GOOD opened at GBX 246.50 ($3.26) on Tuesday. Good Energy Group has a fifty-two week low of GBX 160 ($2.11) and a fifty-two week high of GBX 426 ($5.63). The stock has a market cap of £44.96 million, a price-to-earnings ratio of 1,449.41 and a beta of 0.80. The company has a debt-to-equity ratio of 14.80, a quick ratio of 1.05 and a current ratio of 1.47. The firm’s 50-day simple moving average is GBX 266.18 and its 200 day simple moving average is GBX 262.13.

About Good Energy Group

Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine and solar panels. It also sells gas; and provides services related to micro-renewable generation, as well as offers EV market data services.