Meridian Energy Ltd (ASX:MEZ)’s stock price traded down 0.9% during trading on Monday . The stock traded as low as A$4.21 ($2.99) and last traded at A$4.22 ($2.99), 97,520 shares traded hands during trading. The stock had previously closed at A$4.26 ($3.02).

The company has a 50 day moving average price of A$4.62 and a 200 day moving average price of A$4.40. The firm has a market cap of $10.76 billion and a PE ratio of 77.78. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 27.52.

Meridian Energy Company Profile (ASX:MEZ)

Meridian Energy Limited engages in the generation, trading, and retail of electricity. It generates electricity through seven hydro power stations and five wind farms in New Zealand; three hydro power stations and two wind farms in Australia; and a solar farm in Tongatapu, Tonga. The company sells its electricity to residential, business, and industrial customers under the Meridian and Powershop brand names.

Featured Article: What is a Real Estate Investment Trust (REIT)?

Receive News & Ratings for Meridian Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meridian Energy and related companies with MarketBeat.com's FREE daily email newsletter.