Greencoat Renewables (LON:GRP) Shares Down 1.9% – Here’s Why

Greencoat Renewables (LON:GRPGet Free Report) shares fell 1.9% during trading on Friday . The stock traded as low as GBX 0.70 and last traded at GBX 0.71. 152,399 shares traded hands during trading, a decline of 84% from the average session volume of 954,003 shares. The stock had previously closed at GBX 0.72.

Greencoat Renewables Trading Down 1.9%

The firm has a market cap of £7.86 million, a price-to-earnings 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. The business has a 50-day moving average of GBX 0.70 and a 200-day moving average of GBX 0.74.

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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