MNTK down -7% as market selloff continues

Montauk Renewables, Inc. (MNTK) is trading -9% lower at $16.01 today. The stock is underperforming peers on a somewhat bearish day for the Utilities sector.

There was no clear catalysts for the price move at this time other than the broader market selloff.

Montauk Renewables, Inc. has been trading between a 52-week high of $18.15 and a 52-week low of $6.79. The stock has a market cap of $2.36 Billion.

Montauk Renewables, Inc. is a renewable energy company specializing in the recovery and processing of biogas from non-fossil fuel sources such as dairy and landfills for beneficial use as a replacement to fossil fuels. Company develops, owns, and operates Renewable Natural Gas ("RNG") projects, using proven technologies that supply renewable fuel into the transportation and electrical power sectors.