Greenlane Renewables (TSE:GRN) Director Candice Alderson Sells 142,340 Shares of Stock

Greenlane Renewables Inc. (TSE:GRN) Director Candice Alderson sold 142,340 shares of Greenlane Renewables stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of C$0.24, for a total transaction of C$34,161.60. Following the completion of the transaction, the director directly owned 97,856 shares in the company, valued at C$23,485.44. This trade represents a 59.26% decrease in their ownership of the stock.

Greenlane Renewables Stock Performance

Shares of Greenlane Renewables stock opened at C$0.24 on Wednesday. Greenlane Renewables Inc. has a fifty-two week low of C$0.06 and a fifty-two week high of C$0.33. The company has a debt-to-equity ratio of 9.77, a current ratio of 1.46 and a quick ratio of 2.05. The firm has a market capitalization of C$36.88 million, a P/E ratio of -1.92, a P/E/G ratio of -555.67 and a beta of 3.75. The company’s 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.11.

About Greenlane Renewables

Greenlane Renewables Inc is a provider of biogas upgrading systems. Its systems produce clean, renewable natural gas from organic waste sources, including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel.