Insider Buying: Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Director Buys 118,000 Shares of Stock

Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Director Wade Donald Nesmith purchased 118,000 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were purchased at an average cost of C$0.11 per share, with a total value of C$12,390.00.

Greenlane Renewables Inc. (GRN.V) Stock Up 16.3 %

CVE GRN traded up C$0.39 during trading on Thursday, reaching C$2.78. The company’s stock had a trading volume of 3,044,708 shares, compared to its average volume of 1,677,592. The business has a 50-day moving average price of C$2.78 and a 200-day moving average price of C$2.78. Greenlane Renewables Inc. has a 1-year low of C$0.19 and a 1-year high of C$2.90. The stock has a market capitalization of C$368.17 million and a PE ratio of -102.96. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of 35.74.

About Greenlane Renewables Inc. (GRN.V)

Greenlane Renewables Inc provides biogas upgrading systems worldwide. The company's systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from anaerobic decomposition of organic waste at landfills, wastewater treatment plants, and farms and food waste facilities for injection into the natural gas grid or for direct use as vehicle fuel.