Drax Group Plc (LON:DRX) insider Andy Skelton bought 60,902 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was purchased at an average price of GBX 272 ($3.35) per share, for a total transaction of £165,653.44 ($203,856.07).
Shares of DRX opened at GBX 280 ($3.45) on Friday. Drax Group Plc has a fifty-two week low of GBX 2.52 ($0.03) and a fifty-two week high of GBX 364.60 ($4.49). The firm’s 50 day moving average price is GBX 251.03 and its 200 day moving average price is GBX 235.27. The company has a market cap of $1.11 billion and a P/E ratio of 2,722.00. The company has a quick ratio of 0.73, a current ratio of 1.28 and a debt-to-equity ratio of 74.48.
The firm also recently announced a dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, August 20th will be paid a dividend of GBX 6.80 ($0.08) per share. This represents a yield of 2.47%. The ex-dividend date of this dividend is Thursday, August 20th. Drax Group’s payout ratio is currently 16,000.00%.
Drax Group Company Profile
Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity. The company operates through three segments: Power Generation, Pellet Production, and B2B Energy Supply. It produces low carbon and renewable electricity; and provides system support services to the grid from a portfolio of biomass, hydro, gas, and coal technologies.
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