Green Impact Partners (CVE:GIP) Price Target Lowered to C$9.00 at Royal Bank of Canada

Green Impact Partners (CVE:GIP) had its target price cut by Royal Bank of Canada from C$14.00 to C$9.00 in a research report released on Tuesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Green Impact Partners Price Performance

CVE GIP opened at C$2.60 on Tuesday. The business’s fifty day moving average is C$2.90 and its 200 day moving average is C$3.76. Green Impact Partners has a fifty-two week low of C$2.45 and a fifty-two week high of C$8.82. The company has a debt-to-equity ratio of 22.42, a quick ratio of 0.68 and a current ratio of 0.80. The company has a market capitalization of C$53.30 million, a PE ratio of 52.00 and a beta of 0.35.

About Green Impact Partners

Green Impact Partners Inc, a clean energy company, provides water, waste, and solids treatment and recycling services in North America. It operates through two segments: Water and Industrial, and Energy Production. The company operates a portfolio of water and solids treatment and recycling facilities.