Greencoat Renewables (LON:GRP) Hits New 1-Year Low – Should You Sell?

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

Greencoat Renewables Price Performance

The firm has a market cap of £7.53 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 quick ratio of 15.30 and a current ratio of 4.05. The company’s fifty day moving average is GBX 0.70 and its two-hundred day moving average is GBX 0.72.

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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