Good Energy Group (LON:GOOD) Trading 21.4% Higher – Still a Buy?

Shares of Good Energy Group PLC (LON:GOOD) shot up 21.4% during mid-day trading on Monday . The company traded as high as GBX 479.50 ($5.97) and last traded at GBX 478.82 ($5.96). 892,169 shares traded hands during trading, an increase of 1,236% from the average session volume of 66,764 shares. The stock had previously closed at GBX 394.45 ($4.91).

Good Energy Group Stock Performance

The firm has a 50-day simple moving average of GBX 371.71 and a 200-day simple moving average of GBX 311.36. The company has a quick ratio of 1.05, a current ratio of 1.48 and a debt-to-equity ratio of 12.57. The stock has a market cap of £87.55 million, a PE ratio of -1,230.77 and a beta of 0.80.

Good Energy Group Company Profile

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.