Greencoat Renewables (LON:GRP) Trading 0.3% Higher – Time to Buy?

Greencoat Renewables (LON:GRPGet Free Report) shares shot up 0.3% on Friday . The stock traded as high as GBX 0.71 and last traded at GBX 0.70. 348,667 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 725,209 shares. The stock had previously closed at GBX 0.70.

Greencoat Renewables Stock Performance

The stock’s 50 day simple moving average is GBX 0.70 and its two-hundred day simple moving average is GBX 0.72. The company has a market capitalization of £7.77 million, a P/E ratio of -0.15 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.

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.

Further Reading

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