Greencoat Renewables (LON:GRP) Hits New 12-Month Low – Here’s Why

Greencoat Renewables (LON:GRPGet Free Report)’s share price hit a new 52-week low on Thursday . The company traded as low as GBX 0.67 and last traded at GBX 0.68, with a volume of 766156 shares changing hands. The stock had previously closed at GBX 0.69.

Greencoat Renewables Price Performance

The company has a 50 day simple moving average of GBX 0.70 and a 200 day simple moving average of GBX 0.72. The company has a market capitalization of £7.53 million, a price-to-earnings ratio of -0.15 and a beta of 0.03. The company has a quick ratio of 15.30, a current ratio of 4.05 and a debt-to-equity ratio of 96.06.

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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