← stocks-llm New chat Find companies like DRX.L →

Drax Group (DRX.L)

Drax Group is a UK-based renewable energy firm specializing in sustainable biomass power generation and the development of large-scale carbon capture technology.

What Drax Group does

Drax Group is a renewable energy company based in the UK, primarily focused on sustainable biomass electricity generation. The company operates the Drax Power Station, one of the largest renewable power stations in the world, and is actively developing bioenergy with carbon capture and storage (BECCS) technology. Additionally, Drax manages a portfolio of pumped hydro storage, hydro-electric assets, and provides energy services to industrial and commercial customers.

Themes: renewable energy, biomass energy, carbon capture and storage, energy storage, decarbonization

Fundamentals

Dividend: company fundamentals are not available for UK-listed companies in our data.

Ask why DRX.L looks like this →

How Drax Group looks technically

Drax Group (DRX.L) is trading 9.8% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 7 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 4, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 32, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative). It just made a new 20-day low, its first since 2025-11-25, breaking below its recent trading range. It is 23.7% below its highest point of the past year. Trading volume is unusually light — only about 0% of its 30-day average.

Trend

Distance from the 200-day-9.8%it is trading 9.8% below its 200-day average, the long-term trend line — a long-term downtrend
50-day moving average£7.73its average price over the last 50 trading days — a short-term trend line — is £7.73
200-day moving average£7.94its average price over the last 200 trading days — the long-term trend line — is £7.94
Since the 50/200 cross7 sessionsits 50-day average crossed below its 200-day average about 7 trading days ago — a "death cross", a bearish long-term signal
Trend strength (14-day ADX)4.0there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 4, below the 25 that marks a real trend)

Momentum

14-day RSI32.2momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 32, neither overbought (above 70) nor oversold (below 30)
Since the MACD crossed zero3 sessionsMACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative)

Range

52-week high£9.38its highest closing price over the past year (about 252 trading days) was £9.38
From the 52-week high-23.7%it is 23.7% below its 52-week high (its highest price of the past year)
Above the 52-week low+19.6%it is 19.6% above its 52-week low (its lowest price of the past year)
Below the 52-week high23.7%it is 23.7% below its highest point of the past year
Since a 20-day breakout1 sessionit just made a new 20-day low, its first since 2025-11-25, breaking below its recent trading range
Since a 55-day breakout1 sessionit just made a new 55-day low, its first since 2025-11-25, breaking below its recent trading range
All-time high£9.38its highest closing price on record is £9.38 (set on 2026-02-26)
From the all-time high-23.7%it is 23.7% below its all-time high
All-time low£1.19its lowest closing price on record is £1.19 (set on 2020-03-23)
Above the all-time low+501.8%it is 501.8% above its all-time low

Volatility

Band width vs its own 6 months56th percentileday-to-day price swings are about average versus its own recent 6-month history
Bollinger bands (20-day, ±2σ)£7.29 – £7.61 – £7.92most of its recent trading has stayed between about £7.29 and £7.92 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles

Volume

Volume vs its 30-day average0.00×trading volume is unusually light — only about 0% of its 30-day average

Based on daily closing prices as of 2026-08-03. Describes past price behavior only — informational, not financial advice.

Ask about DRX.L's technicals →

Key risks (from latest filing)

["Dependence on government renewable energy subsidies and policy frameworks","Regulatory risks related to sustainable biomass sourcing criteria","Commodity price volatility affecting energy generation and supply operations"]

See DRX.L's biggest risks from its latest 10-Q →

Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

Not quite? Describe exactly what you want →

Compare DRX.L vs…

Frequently asked questions

What does Drax Group (DRX.L) do?

Drax Group is a renewable energy company based in the UK, primarily focused on sustainable biomass electricity generation. The company operates the Drax Power Station, one of the largest renewable power stations in the world, and is actively developing bioenergy with carbon capture and storage (BECCS) technology. Additionally, Drax manages a portfolio of pumped hydro storage, hydro-electric assets, and provides energy services to industrial and commercial customers.

Who are Drax Group's (DRX.L) competitors?

Notable peers of Drax Group (DRX.L) include Centrica, SSE, RWE, Uniper and EDF Energy. This peer set is informational only — not financial advice.

Is Drax Group (DRX.L) overbought or oversold right now?

Drax Group (DRX.L) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 32, in the neutral middle (as of 2026-08-03). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on DRX.L come from?

Fundamentals and prices come from market data. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: market data. Prices are delayed daily-close data.

Last updated 2026-08-03.

Informational only — NOT financial advice. All figures are delayed daily-close data from market data, shown with their as-of date.