Drax Group (DRX)

Sector:

Electricity Generation and Distribution

Index:

FTSE 250

652.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 666.00
  • 52 Week Low: 401.50
  • Currency: UK Pounds
  • Shares Issued: 383.75m
  • Volume: 632,507
  • Market Cap: £2,503.97m
  • RiskGrade: 140

Drax sells meter point assets

By Frank Prenesti

Date: Wednesday 26 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Drax said it was selling up to 90,000 small & medium-sized (SME) customer meter points from Opus Energy Group to EDF Energy Customers Limited for an undisclosed sum.
The deal is an asset sale for the majority of the Opus customer meter points and follows a strategic review of the group's non-core SME energy supply business, Drax said on Wednesday.

"Drax believes that these measures further support its decarbonisation strategy and the development of its energy solutions business which is focused on industrial and commercial customers, renewable power and energy services."

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Drax Group Market Data

Currency UK Pounds
Share Price 652.50p
Change Today 1.50p
% Change 0.23 %
52 Week High 666.00
52 Week Low 401.50
Volume 632,507
Shares Issued 383.75m
Market Cap £2,503.97m
RiskGrade 140

Drax Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.23% above the market average74.23% above the market average74.23% above the market average74.23% above the market average74.23% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
67.64% above the market average67.64% above the market average67.64% above the market average67.64% above the market average67.64% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income
76.97% above the market average76.97% above the market average76.97% above the market average76.97% above the market average76.97% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
91.79% above the market average91.79% above the market average91.79% above the market average91.79% above the market average91.79% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 2
Sell 0
Strong Sell 1
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Drax Group Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-24 18-Apr-24
Paid 25-Oct-24 17-May-24
Amount 10.40p 13.90p

Trades for 06-Sep-2024

Time Volume / Share Price
16:35 1,283 @ 652.50p
16:35 3,157 @ 652.50p
16:35 446,266 @ 652.50p
16:35 447 @ 652.50p
16:35 56 @ 652.50p

Drax Group Key Personnel

CEO Will Gardiner
CFO Andy Skelton
Chair Andrea Bertone

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