Greencoat Renewables (LON:GRP) Sets New 1-Year Low – Time to Sell?

Greencoat Renewables (LON:GRPGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.69 ($0.01) and last traded at GBX 0.74 ($0.01), with a volume of 3408 shares traded. The stock had previously closed at GBX 0.71 ($0.01).

Greencoat Renewables Stock Performance

The stock has a market cap of £808.43 million, a P/E ratio of 14.06 and a beta of 0.03. The company has a debt-to-equity ratio of 96.06, a current ratio of 4.05 and a quick ratio of 15.30. The company has a 50 day simple moving average of GBX 0.76 and a 200-day simple moving average of GBX 0.82.

Greencoat Renewables Company Profile

(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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