Greencoat Renewables (LON:GRP) Reaches New 1-Year Low – What’s Next?

Greencoat Renewables (LON:GRPGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.73 ($0.01) and last traded at GBX 0.77 ($0.01), with a volume of 113555 shares changing hands. The stock had previously closed at GBX 0.75 ($0.01).

Greencoat Renewables Price Performance

The stock has a market cap of £835.16 million, a P/E ratio of 14.53 and a beta of 0.03. The company has a current ratio of 4.05, a quick ratio of 15.30 and a debt-to-equity ratio of 96.06. The firm has a 50-day simple moving average of GBX 0.78 and a two-hundred day simple moving average of GBX 0.85.

About Greencoat Renewables

(Get Free Report)

Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in France, Finland, Sweden, and Spain. As of December 31, 2021, the company operated 25 wind farms with an aggregate generating capacity of 800 megawatts. It also invests in solar generation assets. The company was incorporated in 2017 and is based in Dublin, Ireland.

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