Infigen Energy (ASX:IFN) Shares Down 1.5%

Infigen Energy Ltd (ASX:IFN)’s share price fell 1.5% during mid-day trading on Monday . The company traded as low as A$0.65 ($0.46) and last traded at A$0.66 ($0.47), 443,102 shares traded hands during trading. A decline of 70% from the average session volume of 1,490,000 shares. The stock had previously closed at A$0.67 ($0.48).

The stock has a market capitalization of $635.02 million and a P/E ratio of 15.35. The business has a fifty day simple moving average of A$0.57 and a 200-day simple moving average of A$0.49. The company has a debt-to-equity ratio of 110.60, a quick ratio of 1.27 and a current ratio of 1.58.

Infigen Energy Company Profile (ASX:IFN)

Infigen Energy Limited develops, owns, and operates renewable energy generation assets in Australia. It has 557 megawatts of installed generation capacity in New South Wales, South Australia, and Western Australia. The company's development pipeline comprises approximately 1,100 megawatts of wind and solar projects in Australia.

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