Drax Group (OTCMKTS:DRXGF) Stock Price Down 3.9% – Should You Sell?

Drax Group plc (OTCMKTS:DRXGFGet Free Report)’s share price traded down 3.9% on Wednesday . The company 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 business has a 50 day moving average price of $8.59 and a 200 day moving average price of $7.59.

Drax Group Company Profile

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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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