Drax Group plc (OTCMKTS:DRXGY – Get Free Report) was down 5.8% during trading on Tuesday . The company traded as low as $13.73 and last traded at $13.74. Approximately 534 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 898 shares. The stock had previously closed at $14.58.
Drax Group Price Performance
The stock has a 50-day moving average of $14.30 and a 200 day moving average of $12.91.
About Drax Group
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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