Drax Group plc (OTCMKTS:DRXGF – Get Free Report)’s share price was up 2.8% during mid-day trading on Wednesday . The stock traded as high as $6.20 and last traded at $6.20. Approximately 573 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 764 shares. The stock had previously closed at $6.03.
Drax Group Price Performance
The company’s 50-day simple moving average is $5.98 and its 200-day simple moving average is $5.83.
About Drax Group
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.
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