ContourGlobal (LON:GLO) Trading 0.2% Higher – What’s Next?

ContourGlobal plc (LON:GLO) rose 0.2% during mid-day trading on Tuesday . The company traded as high as GBX 251.50 ($3.24) and last traded at GBX 251 ($3.23). Approximately 2,026,764 shares changed hands during trading, an increase of 184% from the average daily volume of 714,675 shares. The stock had previously closed at GBX 250.50 ($3.22).

ContourGlobal Trading Up 0.2 %

The company has a fifty day simple moving average of GBX 251 and a two-hundred day simple moving average of GBX 251. The stock has a market capitalization of £1.65 billion and a P/E ratio of 1,091.30. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 645.93.

About ContourGlobal

ContourGlobal plc acquires, develops, and operates wholesale power generation businesses. The company generates 1,808 MW of renewable electricity from hydro, solar, wind, and biogas; and 2,509 MW of thermal electricity from gas, coal, and oil. It operates a portfolio of 138 thermal and renewable power plants.