Infigen Energy (ASX:IFN) Shares Down 1.6%

Infigen Energy Ltd (ASX:IFN) shares were down 1.6% on Thursday . The stock traded as low as A$0.64 ($0.45) and last traded at A$0.64 ($0.45), approximately 519,741 shares traded hands during mid-day trading. A decline of 65% from the average daily volume of 1,490,000 shares. The stock had previously closed at A$0.65 ($0.46).

The company has a fifty day moving average of A$0.66 and a two-hundred day moving average of A$0.53. The company has a current ratio of 1.58, a quick ratio of 1.27 and a debt-to-equity ratio of 110.60. The stock has a market capitalization of $610.97 million and a price-to-earnings ratio of 14.77.

About Infigen Energy (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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