Drax - Bearish DRAX broken out of a bullish triangle this week. Bearish in my book. Expect retest at around 548.
PS: This could also be a false breakout.
This is not a recommendation to trade. Do your own research and make your own decisions.
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EPS estimate
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30.87MXN
12.16 BMXN
169.57 BMXN
382.50 M
About DRAX GROUP PLC ORD GBP0.1155172
Sector
Industry
CEO
Dwight Daniel Willard Gardiner
Website
Headquarters
Selby
Employees (FY)
3.55 K
Founded
2005
ISIN
GB00B1VNSX38
FIGI
BBG01F81TDC1
Drax Group Plc engages in owning and operating coal-fired power station. It operates through the following segments: Generation, Biomass Supply, and Retail. The Generation segment involves in the generation of electricity at Drax Power Station. The Biomass Supply segment offers production of compressed wood pellets at processing facilities. The Retail segment offers supply of power to business customers and wood pellets. The company was founded on September 13, 2005 and is headquartered in Selby, the United Kingdom.
BreakoutClear uptrend.
Breakout from descending channel.
On high volume.
With volatility expansion preceeded by contraction.
Looks good on daily and weekly timeframe.
I see Fractals, what do they mean?I have no knowledge of fractals, I'm hoping @Meszaros or some other genius can work it out?
Drax PLC - Correction finished and upside from here?From my analysis Drax PLC may have a little further to retrace for wave 2 but it may be about to embark on some serious upside. According to this Elliott Wave count it may have completed a correction that started in 2006 and may now be resuming its upwards trend. For the more pessimistic, my complet
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Frequently Asked Questions
The current price of DRX/N is 143.66 MXN — it hasn't changed in the past 24 hours. Watch DRAX GROUP PLC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BMV exchange DRAX GROUP PLC stocks are traded under the ticker DRX/N.
DRX/N stock hasn't changed in a week, the last month showed zero change in price, over the last year there was no change in DRAX GROUP PLC price.
We've gathered analysts' opinions on DRAX GROUP PLC future price: according to them, DRX/N price has a max estimate of 231.47 MXN and a min estimate of 91.32 MXN. Watch DRX/N chart and read a more detailed DRAX GROUP PLC stock forecast: see what analysts think of DRAX GROUP PLC and suggest that you do with its stocks.
DRX/N reached its all-time high on May 13, 2024 with the price of 143.66 MXN, and its all-time low was 143.66 MXN and was reached on Apr 14, 2023. View more price dynamics on DRX/N chart.
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DRX/N stock is 0% volatile and has beta coefficient of 1.22. Track DRAX GROUP PLC stock price on the chart and check out the list of the most volatile stocks — is DRAX GROUP PLC there?
Today DRAX GROUP PLC has the market capitalization of 45.81 B, it has increased by 1.05% over the last week.
Yes, you can track DRAX GROUP PLC financials in yearly and quarterly reports right on TradingView.
DRAX GROUP PLC is going to release the next earnings report on Jul 23, 2024. Keep track of upcoming events with our Earnings Calendar.
DRX/N net income for the last quarter is 6.79 B MXN, while the quarter before that showed 5.40 B MXN of net income which accounts for 25.82% change. Track more DRAX GROUP PLC financial stats to get the full picture.
DRAX GROUP PLC dividend yield was 4.72% in 2023, and payout ratio reached 16.18%. The year before the numbers were 2.99% and 98.82% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 21, 2024, the company has 3.55 K employees. See our rating of the largest employees — is DRAX GROUP PLC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DRAX GROUP PLC EBITDA is 21.82 B MXN, and current EBITDA margin is 12.87%. See more stats in DRAX GROUP PLC financial statements.
Like other stocks, DRX/N shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade DRAX GROUP PLC stock right from TradingView charts — choose your broker and connect to your account.