Drax Group (OTCMKTS:DRXGF) Shares Down 3.9% – Here’s What Happened

Drax Group plc (OTCMKTS:DRXGFGet Free Report)’s stock price traded down 3.9% on Wednesday . The stock traded as low as $8.55 and last traded at $8.55. 100 shares changed hands during trading, a decline of 82% from the average session volume of 553 shares. The stock had previously closed at $8.90.

Drax Group Price Performance

The stock’s 50 day moving average is $8.59 and its 200-day moving average is $7.59.

About Drax Group

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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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