Drax Group plc (OTCMKTS:DRXGY – Get Free Report) shares rose 1.8% during trading on Monday. The company traded as high as $19.33 and last traded at $19.33. 4 shares traded hands during trading, a decline of 100% from the average daily volume of 853 shares. The stock had previously closed at $18.9848.
Drax Group Trading Up 1.8%
The stock has a fifty day simple moving average of $19.73 and a two-hundred day simple moving average of $21.70.
About Drax Group
Drax Group plc is a UK-based energy company focused on renewable and lower-carbon power generation, biomass supply, and energy system services. Its principal asset is Drax Power Station in North Yorkshire, England, which generates electricity primarily from sustainable biomass and provides dispatchable power to support the electricity grid.
The company is also involved in the production and supply of biomass fuel through pellet manufacturing and related supply-chain operations in North America.
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