Green Impact Partners (CVE:GIP) Reaches New 52-Week High – Still a Buy?

Green Impact Partners Inc. (CVE:GIP) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$5.22 and last traded at C$5.08, with a volume of 5292 shares changing hands. The stock had previously closed at C$4.90.

Wall Street Analysts Forecast Growth

Separately, Desjardins set a C$9.00 price target on shares of Green Impact Partners and gave the company a “buy” rating in a research note on Thursday, January 30th.

Green Impact Partners Stock Up 4.1 %

The company has a market cap of C$100.00 million, a P/E ratio of -8.94 and a beta of 0.52. The stock has a 50-day moving average of C$4.47 and a 200 day moving average of C$3.82. The company has a debt-to-equity ratio of 33.29, a current ratio of 0.64 and a quick ratio of 0.68.

Green Impact Partners Company Profile

Green Impact Partners Inc provides water, waste, and solids treatment and recycling services in North America. The company operates in two segments, Water & Solids Recycling & Energy Product Optimization; and Clean Energy Production. It operates a portfolio of water and solids treatment and recycling facilities.