Meridian Energy (ASX:MEZ) Shares Down 0.9%
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.
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