Greenlane Renewables (GRN) Set to Announce Earnings on Wednesday

Greenlane Renewables (TSE:GRN) is set to issue its quarterly earnings data after the market closes on Wednesday, August 7th.

Greenlane Renewables (TSE:GRN) last issued its quarterly earnings data on Thursday, May 9th. The company reported C($0.01) EPS for the quarter, hitting analysts’ consensus estimates of C($0.01). Greenlane Renewables had a negative net margin of 51.16% and a negative return on equity of 75.09%. The firm had revenue of C$18.13 million for the quarter, compared to analyst estimates of C$16.20 million.

Greenlane Renewables Stock Down 9.1 %

Shares of TSE:GRN opened at C$0.10 on Thursday. The firm has a market cap of C$15.40 million, a P/E ratio of -0.53, a P/E/G ratio of -555.67 and a beta of 2.44. The company has a quick ratio of 2.05, a current ratio of 1.68 and a debt-to-equity ratio of 7.71. Greenlane Renewables has a 12 month low of C$0.08 and a 12 month high of C$0.28. The company’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.11.

About Greenlane Renewables

Greenlane Renewables Inc provides biogas upgrading systems worldwide. Its systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from biomethane at landfills, wastewater treatment plants, and farms and for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel.