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DRXGY
Stock ticker: OTC
AS OF
Dec 18 closing price
Price
$16.50
Change
-$0.07 (-0.42%)
Capitalization
3.03B

DRXGY stock forecast, quote, news & analysis

DRXGY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for DRXGY with price predictions
Dec 18, 2024

DRXGY's Stochastic Oscillator reaches into overbought zone

The Stochastic Oscillator for DRXGY moved into overbought territory on December 18, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis
Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DRXGY's RSI Oscillator exited the oversold zone, of 10 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 16, 2024. You may want to consider a long position or call options on DRXGY as a result. In of 30 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for DRXGY just turned positive on December 18, 2024. Looking at past instances where DRXGY's MACD turned positive, the stock continued to rise in of 20 cases over the following month. The odds of a continued upward trend are .

DRXGY moved above its 50-day moving average on December 16, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for DRXGY crossed bullishly above the 50-day moving average on November 26, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 6 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

DRXGY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 115 cases where DRXGY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.332) is normal, around the industry mean (1.840). P/E Ratio (12.315) is within average values for comparable stocks, (101.961). DRXGY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.971). Dividend Yield (0.035) settles around the average of (0.052) among similar stocks. P/S Ratio (0.275) is also within normal values, averaging (23.914).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DRXGY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DRXGY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 91, placing this stock worse than average.

A.I.Advisor
published Dividends

DRXGY paid dividends on November 12, 2024

Drax Group Plc DRXGY Stock Dividends
А dividend of $0.27 per share was paid with a record date of November 12, 2024, and an ex-dividend date of September 20, 2024. Read more...
A.I.Advisor
published Highlights

Industry description

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

Market Cap

The average market capitalization across the Alternative Power Generation Industry is 6.29B. The market cap for tickers in the group ranges from 10 to 118.24B. REOVF holds the highest valuation in this group at 118.24B. The lowest valued company is CDVM at 10.

High and low price notable news

The average weekly price growth across all stocks in the Alternative Power Generation Industry was -3%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 0%. ADHI experienced the highest price growth at 34%, while ALCE experienced the biggest fall at -30%.

Volume

The average weekly volume growth across all stocks in the Alternative Power Generation Industry was -35%. For the same stocks of the Industry, the average monthly volume growth was 54% and the average quarterly volume growth was 3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 59
Price Growth Rating: 64
SMR Rating: 83
Profit Risk Rating: 91
Seasonality Score: 28 (-100 ... +100)
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DRXGY
Daily Signalchanged days ago
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published General Information

General Information

Industry AlternativePowerGeneration

Profile
Fundamentals
Details
Industry
N/A
Address
Drax Power Station
Phone
+44 1757618381
Employees
3229
Web
http://www.drax.com