Ian Jack Kane Sells 166,666 Shares of Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Stock

Greenlane Renewables Inc. (GRN.V) (CVE:GRN) Director Ian Jack Kane sold 166,666 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$0.10, for a total value of C$16,666.60.

Greenlane Renewables Inc. (GRN.V) Stock Up 16.3 %

Shares of GRN opened at C$2.78 on Friday. The company has a debt-to-equity ratio of 35.74, a quick ratio of 0.77 and a current ratio of 0.98. Greenlane Renewables Inc. has a 52 week low of C$0.19 and a 52 week high of C$2.90. The stock has a market capitalization of C$368.17 million and a price-to-earnings ratio of -102.96. The stock has a fifty day moving average of C$2.78 and a 200-day moving average of C$2.78.

Analyst Ratings Changes

Separately, TD Securities lowered shares of Greenlane Renewables Inc. (GRN.V) from a “hold” rating to a “sell” rating and decreased their price target for the company from C$0.10 to C$0.05 in a report on Thursday, August 8th.

Greenlane Renewables Inc. (GRN.V) Company Profile

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