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

Greencoat Renewables (LON:GRPGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.67 and last traded at GBX 0.68, with a volume of 157997 shares changing hands. The stock had previously closed at GBX 0.67.

Greencoat Renewables Stock Performance

The company has a debt-to-equity ratio of 96.06, a quick ratio of 15.30 and a current ratio of 4.05. The company has a market capitalization of £7.57 million, a PE ratio of -0.15 and a beta of 0.03. The company has a 50 day moving average price of GBX 0.72 and a 200 day moving average price of GBX 0.74.

About Greencoat Renewables

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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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