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Drax Group (DRX)

London
Currency in GBP
Disclaimer
560.50
+0.50(+0.09%)
Real-time Data
DRX Scorecard
Full Analysis
Has a perfect Piotroski Score of 9
Earnings results expected in 11 days
Fair Value
Day's Range
555.28565.00
52 wk Range
395.20637.60
Bid/Ask
559.50 / 560.50
Prev. Close
560
Open
557.5
Day's Range
555.28-565
52 wk Range
395.2-637.6
Volume
35,676
Average Volume (3m)
1,402,706
1-Year Change
-4.04%
Fair Value
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Company’s Health
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Price Target
773.62
Upside
+38.02%
Members' Sentiments
Bearish
Bullish
ProTips
Management has been aggressively buying back shares

Drax Group Company Profile

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

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