Green Impact Partners (CVE:GIP) Reaches New 1-Year High – Should You Buy?

Green Impact Partners Inc. (CVE:GIP)’s share price hit a new 52-week high on Thursday . The company traded as high as C$5.95 and last traded at C$5.80, with a volume of 47918 shares changing hands. The stock had previously closed at C$5.50.

Analyst Upgrades and Downgrades

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

Green Impact Partners Price Performance

The stock’s 50-day moving average is C$4.65 and its 200 day moving average is C$3.89. The company has a debt-to-equity ratio of 33.29, a current ratio of 0.64 and a quick ratio of 0.68. The company has a market cap of C$113.73 million, a PE ratio of -10.17 and a beta of 0.52.

About Green Impact Partners

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.