Green Impact Partners (CVE:GIP) Shares Up 6% – Should You Buy?

Green Impact Partners Inc. (CVE:GIP)’s stock price shot up 6% during mid-day trading on Tuesday . The company traded as high as C$3.35 and last traded at C$3.35. 2,100 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 11,900 shares. The stock had previously closed at C$3.16.

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their price objective on Green Impact Partners from C$9.50 to C$9.00 and set a “speculative buy” rating on the stock in a report on Tuesday, August 27th.

Green Impact Partners Stock Performance

The business’s fifty day moving average price is C$3.46 and its two-hundred day moving average price is C$3.40. The company has a debt-to-equity ratio of 30.12, a quick ratio of 0.68 and a current ratio of 1.05. The stock has a market capitalization of C$68.54 million, a P/E ratio of -3.84 and a beta of 0.52.

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.