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.
1.645EUR
648.41 MEUR
9.05 BEUR
382.43 M
About DRAX GROUP LS-,1155172
Sector
Industry
CEO
Dwight Daniel Willard Gardiner
Website
Headquarters
Selby
Employees (FY)
3.55 K
Founded
2005
ISIN
GB00B1VNSX38
FIGI
BBG000V51403
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
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange DRAX GROUP LS-,1155172 stocks are traded under the ticker D9F2.
DRAX GROUP LS-,1155172 is going to release the next earnings report on Jul 23, 2024. Keep track of upcoming events with our Earnings Calendar.
D9F2 earnings for the last quarter are 0.22 EUR per share, whereas the estimation was 0.19 EUR resulting in a 19.14% surprise. The estimated earnings for the next quarter are 0.46 EUR per share. See more details about DRAX GROUP LS-,1155172 earnings.
Yes, you can track DRAX GROUP LS-,1155172 financials in yearly and quarterly reports right on TradingView.
D9F2 net income for the last quarter is 362.27 M EUR, while the quarter before that showed 288.72 M EUR of net income which accounts for 25.48% change. Track more DRAX GROUP LS-,1155172 financial stats to get the full picture.
DRAX GROUP LS-,1155172 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.
Like other stocks, D9F2 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 LS-,1155172 stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 23, 2024, the company has 3.55 K employees. See our rating of the largest employees — is DRAX GROUP LS-,1155172 on this list?
We've gathered analysts' opinions on DRAX GROUP LS-,1155172 future price: according to them, D9F2 price has a max estimate of 12.87 EUR and a min estimate of 5.08 EUR. Read a more detailed DRAX GROUP LS-,1155172 forecast: see what analysts think of DRAX GROUP LS-,1155172 and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DRAX GROUP LS-,1155172 EBITDA is 1.16 B EUR, and current EBITDA margin is 12.87%. See more stats in DRAX GROUP LS-,1155172 financial statements.